#Solarwinds wiki software#
Acquisitions Īccording to The Wall Street Journal, SolarWinds offers freely downloadable software to potential clients and then markets more advanced software to them by offering trial versions. The new separately-traded public company is named N-able. In July 2021, SolarWinds separated its managed service provider (MSP) business from the main company. On January 8, 2021, SolarWinds hired former CISA director Chris Krebs to help the company work through the recent cyber attack. On December 7, 2020, CEO Kevin Thompson retired, to be replaced by Sudhakar Ramakrishna, CEO of Pulse Secure, effective January 4, 2021. SolarWinds completed their public offering on October 19, 2018. In September 2018, SolarWinds filed for a public offering again, after three years of being owned by private equity firms. AppOptics included compatibility with Amazon Web Services and Microsoft Azure. In November 2017, SolarWinds released AppOptics which integrates much of their software portfolio, including Librato and TraceView, into a single software-as-a-service package. At the time, the company had 1,770 employees worldwide with 510 based in Austin, and reported revenues of about half a billion dollars a year. was announced in late 2015, and by January 2016, SolarWinds was taken private in a $4.5 billion deal. Īcquisition by private equity technology investment firms Silver Lake Partners and Thoma Bravo, LLC. It was named by Forbes as "Best Small Company in America, citing high-functioning products for low costs and impressive company growth." By 2013, SolarWinds employed about 900 people. In May 2013, SolarWinds announced plans to invest in an operations hub in Salt Lake City, Utah. In 2010, Bennett retired as CEO and was replaced by the company's former chief financial officer Kevin Thompson. Īnalysts and company executives anticipated continued expansion post-IPO, including several acquisitions. Both Bain Capital and Insight Venture Partners backed the IPO and used the opportunity to sell some of their shares during the offering. The IPO from SolarWinds was followed by another from OpenTable (an online restaurant-reservation service), which was perceived to break a dry spell during the Great Recession, when very few companies went public. SolarWinds completed an initial public offering of US$112.5 million in May 2009, closing at higher prices after its initial day of trading. ĭuring 2007, SolarWinds raised funding from Austin Ventures, Bain Capital, and Insight Venture Partners. The company was profitable from its founding through its IPO in 2009. In 2006, the company moved its headquarters to Austin, Texas, where about 300 of the company's total 450 employees were based as of 2011. According to Michael Bennett, who became the chief executive officer in 2006, the name SolarWinds was chosen by an early employee and the company has nothing to do with solar or wind power. SolarWinds released its first products, Trace Route and Ping Sweep, earlier in March 1998 and released its first web-based network performance monitoring application in November 2001. SolarWinds began in 1999 in Tulsa, Oklahoma, co-founded by Donald Yonce (a former executive at Walmart) and his brother David Yonce.