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TMCNet:  SevOne Skyrockets to Forbes Top-50 List for America's Most Promising Companies

[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.

About SevOne

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 infrastructure.


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