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ThousandEyes

Company

Content

Owners

ThousandEyes is founded in 2010 by two colleagues from department of ADP equipment of the University of California, Los Angeles. The company develops solutions for monitoring of corporate networks and networks of suppliers of cloud services.

History

2020: Cisco purchased ThousandEyes

On May 28, 2020 Cisco announced acquisition of the Californian company ThousandEyes. Transaction amount officially was not called, but, according to Business Insider sources, it was $1 billion.

SaaS platform ThousandEyes is intended for observation and management of networks and cloud applicaions which employees and clients of the organizations use. Use of different technologies of active and passive monitoring allows to detect in real time problems in network infrastructure and to eliminate them. Functioning of ThousandEyes are performed due to deployment of agents in cloud environments, corporate networks and on personal computers of users.

Cisco purchased software developer for monitoring of networks of $1 billion

According to in ThousandEyes, by the end of May, 2020 the companies Comcast eBay, HP Inc. and more than 100 organizations entering the rating of Global 2000, more than 60 participants of Fortune of 500, 5 of 6 largest American banks and 20 of 25 largest SaaS providers use its solutions. According to CrunchBase, the total amount of investments into the company was $110.7 million. Among investors — Sequoia Salesforce.com, etc.

Acquisition of ThousandEyes will allow Cisco to offer the clients the exhausting opportunities for monitoring of networks and delivery of applications that will help them with digital transformation of their business, contains in the statement of Cisco.

The ThousandEyes command will be a part of new division of Networking Services which head appoints Todd Naytingeyl. The solutions ThousandEyes will become a part of a line of Cisco Enterprise Networking and Cloud and also will be a part of family of solutions of AppDynamics.[1]

Notes