|[January 24, 2014]
SevOne Skyrockets to Forbes Top-50 List for America's Most Promising Companies
WILMINGTON, Del. --(Business Wire)--
SevOne, the leader in providing scalable performance monitoring
solutions to the world's most connected companies, today announced that
it has been selected by Forbes for the third
annual list of America's Most Promising Companies (AMPC).
The honor was awarded on the basis of SevOne's compelling business
model, rate of growth, market opportunity, margins, management team,
customers, partners, and investors. On the Forbes top-100 list of
privately-held, high-growth companies, SevOne ranked number 33.
"We are gratified by the recognition from Forbes and believe
the award reflects the success of our unique approach to providing
performance visibility into network and data center infrastructures,"
said SevOne CEO Jack Sweeney. "Our patented SevOne Cluster™
Architecture, the resources we've dedicated to supporting scalability in
performance monitoring, and the customer footprint we've built up across
multiple industries have all contributed to our ability to serve a
arket that will only continue to grow. We are in an outstanding
position to expand our business through 2014 and beyond."
By many metrics, SevOne has already proven its success in performance
monitoring. Since closing a $150 million funding round with Bain Capital
in early 2013, the company has had three consecutive record-setting
quarters. SevOne has also averaged 65 percent year-over-year growth each
of the past three years, and has seen 85 percent year-over-year growth
within its existing customer base. Customers include many of the world's
largest financial institutions, cable and telecom operators, software
enterprises, and pharmaceutical companies.
Recently, SevOne also received
a critical patent for the distributed architecture technology
underlying its performance monitoring solutions.
For more information on SevOne and its solutions for performance
visibility, please visit SevOne.com.
SevOne provides the world's fastest, most scalable performance
monitoring platform to the world's most connected companies. We provide
an 'all-in-one' appliance that detects and alerts on performance events
before they impact your business. SevOne developed a
next-generation technology called the SevOne
Cluster™ Architecture that leverages distributed computing to
address any scalability concerns. SevOne monitors millions of objects
across multiple technologies and provides a single web based console for
unlimited users. Customers including the top cable companies, wireless
network and managed service providers, and top financial services
institutions rely on SevOne to monitor the performance of their critical
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