SolarWinds Net Worth is$233 M Sales
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deserves the money?
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Rating: 5.0/5 (1 vote cast)
Type: Public company
Foundation: 1998
Location City: Austin, Texas
Location Country: United States of America
Key People: '''Kevin Thompson''', President and Chief Executive Officer, '''Michael J. Berry''', Senior Vice President and Chief Financial Officer
Num Employees: 501+
Industry: Network Management, Application Management, Virtualization and Storage Management
Homepage: []
SolarWinds Inc. (NYSE: SWI) is a developer and marketer of network, applications, virtualization and storage management software.
The company sells downloadable software products that maintain, monitor and troubleshoot IT networks. It also provides several free tools relating to its core commercial products, and hosts an online community of more than 93,000 users called thwack.
In Q2 2009, SolarWinds completed its initial public offering of $100a??139 million.
SolarWinds was founded in 1998 by two brothers, Dave and Don Yonce in Tulsa, Oklahoma. The company was conceived to create faster, easier network management tools. It was profitable in its first year of business.
SolarWinds moved to Austin, Texas in 2006 and has had aggressive growth ever since. From 2005 to 2007 the company more than doubled its revenue, growing from $27.9 million to $61.7 million annually.
In 2007, SolarWinds raised funding from Austin Ventures, Bain Capital and Insight Venture Partners to fuel a??strategic acquisitions.a?? Following the funding, SolarWinds acquired several companies including Neon Software and ipMonitor Corp. and opened a European sales office in Ireland.
In 2009, the company also announced its professional certification program, the SolarWinds Certified Professional Program (SCP) for network management which tests professionals in five areas: network management fundamentals, network management planning, network management operation, network performance troubleshooting and Orion Network Performance Monitor (NPM) administration and service.
In January 2010, the company acquired assets of Tek-Tools, Inc., a storage resource management company headquartered in Dallas, TX.
In July 2011, the company acquired TriGeo Network Security, a log management company.
In December 2011, it was announced that the company acquired DameWare, makers of DameWare Mini Remote Control and DameWare NT Utilities.
In 2002a??2005, SolarWinds becomes Network Computing's We

SolarWinds Net Worth, 5.0 out of 5 based on 2 ratings
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