ThousandEyes Raises $35 Million For Its Network Intelligence Monitoring Toolkit
ThousandEyes, the network intelligence company that may not be watching you, but is always watching your network, has raised another $35 million in financing led by Tenaya Capital.
The San Francisco-based company also counts new investor Google Ventures and previous investors Sequoia Capital, Sutter Hill Ventures and Salesforce Ventures as backers.
The company said the new funds will be used to expand operations in the U.S. and around the world.
ThousandEyes purports to tackle a problem that’s all-too-common for big business these days — the fact that their distributed and complicated network infrastructures make them more vulnerable to attacks and the breakdown of the network.
What makes ThousandEyes potentially more compelling than other solutions that offer network visibility is that the company can monitor what’s happening not just over a company’s own public and private networks, but also peer into a company’s operations that are happening over third party service providers’ networks.
That’s important as business’ outsource more and more operations-related computer services to third party vendors.
Over the past year, the company said it had signed up several new customers across new media, financial service, technology, manufacturing and healthcare. The slew of names include Avera Health, CareerBuilder, DigitalOcean, Domo, Electronic Arts, iHeartMedia, Jones Lang LaSalle, Live Nation Entertainment, Lyft, MailChimp, NetSuite, NTT, Olympus, Primark, Sotheby’s, Wayfair, and Weebly.
This year saw ThousandEyes offer new Voice-Over-IP (VoIP) monitoring, it offered more data feeds for its free service — expanding their number to include Adobe Creative Cloud, Apple iCloud, GoToMeeting, JIRA, LinkedIn, Skype Online, Slack and WebEx.
To fully monitor networks worldwide, the company also installed new monitoring agents in Montreal, Athens, Mumbai, Rio de Janeiro, Hyderabad, and Shanghai, along with several locations in Ireland and the UK.
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