SolarWinds acquired VividCortex for $117.5 million, Gardiner said. The company serves nearly 300 customers today, including industry leaders like Etsy, GitHub, SendGrid, DraftKings, and Yelp, who rely on VividCortex for full visibility query monitoring and easy drill-down views across thousands of servers concurrently. Forward-looking statements contained in this announcement are made as of this date, and SolarWinds undertakes no duty to update such information except as required under applicable law. You must be a registered user to add a comment. More than 150,000 members are here to solve problems, share technology and best practices, and directly It also warrants mentioning, we purchased VividCortex nearly a year ago. https://www.businesswire.com/news/home/20191211005179/en/, Nicole Fachet “We believe VividCortex has strong business momentum which we expect will benefit from the SolarWinds high-volume, high-velocity ‘selling from the inside’ go-to-market model to help quickly raise brand and product visibility amongst technology professionals,” said Amena Ali, chief executive officer, VividCortex. Currently, VividCortex is a SaaS monitoring solution for popular open-source platforms (PostgreSQL, MySQL, MongoDB, Amazon Aurora, and Redis). Last month, SolarWinds completed the purchase of VividCortex, a database performance monitoring solution for popular open source systems such as PostgreSQL, MongoDB, MySQL, Amazon Aurora, and Redis.I was fortunate to visit Austin about a week after the purchase. The SaaS-based offering will complement Database Performance Analyzer (DPA), the award-winning on-premises and cloud-deployed product the company offers today to serve the needs of IT organizations at businesses of all sizes â from the SMB to the large enterprise. nicole.fachet@archetype.co, Tiffany Nels Thomas LaRock is a Head Geek at SolarWinds and a Microsoft® Certified Master, SQL Server® MVP, VMware® vExpert, and a Microsoft Certified Trainer. The insights we gain from engaging with them, in places like our THWACK online community, allow us to build products that solve well-understood IT management challenges in ways that technology professionals want them solved. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Founded in 1999 and headquartered in Austin, TX, SolarWinds has over 300,000+ customers worldwide. In a prepared statement, SolarWinds CEO Kevin Thompson said: “By adding VividCortex to the SolarWinds portfolio of products, we can now offer teams the ability to go deep on app traces, infrastructure monitoring, metrics, both traditional and cloud-native database performance, digital experience monitoring, logs, and … pr@solarwinds.com, ir@solarwinds.com Terms of the transaction were not disclosed. SolarWinds Set to “Cover the Databases” Through Acquisition of VividCortex and Introduction of New Monitoring Solution Designed for Cloud-Native Databases In 2019, VividCortex ranked 172 on Deloitteâs Technology Fast 500 list and ranked 673 on the Inc. 5000 Fastest Growing Companies list. Expect more content in the coming weeks from me regarding our efforts behind the scenes with both VividCortex and DPA. SolarWinds has acquired VividCortex, a maker of database performance management software for cloud-native environments.. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the âunsubscribeâ section below. Anyone else telling you otherwise is selling you something. SolarWinds already has a Database Performance Analyzer ( DPA ) offering, which will now be complemented with VividCortex's software-as-a-service (SaaS) cloud native database monitoring platform. DPA provides both monitoring and query performance insights for traditional relational database management systems and is not yet available as a SaaS solution. SolarWinds, a provider of IT management software, has acquired VividCortex, a provider of SaaS-delivered database performance management with an emphasis on databases commonly used in cloud-native applications designed to meet the needs of a wide range of customers. Its an interesting addition, and I will be excited to see where it goes. Log In. Through all my conversations last week with members of both product teams one theme was clear. But the tools have some key differences in functionality. The SolarWinds, SolarWinds & Design, Orion, and THWACK trademarks are the exclusive property of SolarWinds Worldwide, LLC or its affiliates, are registered with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. AUSTIN, Texas--(BUSINESS WIRE)-- We had deep discussions about the future of the VividCortex … Archetype Learn more today at www.solarwinds.com. âThe powerful database management solution VividCortex provides offers us another compelling product, with demonstrated ROI, to enhance our ability to serve IT professionals in organizations of all sizes while meaningfully expanding our total addressable markets.â, âWe believe VividCortex has strong business momentum which we expect will benefit from the SolarWinds high-volume, high-velocity âselling from the insideâ go-to-market model to help quickly raise brand and product visibility amongst technology professionals,â said Amena Ali, chief executive officer, VividCortex. Caution Regarding Forward-Looking Statements. Another point that was made clear is the VividCortex product will complement, not replace DPA, expanding our database performance monitoring portfolio in a meaningful way.
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