# SolarWinds

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/solarwinds

- Industry: IT Infrastructure
- Headquarters: Austin, US
- Website: www.solarwinds.com
- Total disclosed funding: $7.5M
- Latest round: Series B (Feb 5, 2007)
- Investors on record: 1

## About

SolarWinds Corporation, based in the US, provides a wide array of IT management solutions aimed at optimizing network performance and IT service management across various industries.Founded in 1999 in Austin, US, SolarWinds specializes in IT management solutions designed to enhance operational resilience. The company has undergone a significant transition, shifting from a public company to a privately-held entity after a Secondary Buyout led by Turn/River Capital in 2009. This buyout involved a transaction amount of USD 4,400 mn, following their last public offering in January of the same year, raising approximately USD 174.2 million. SolarWinds operates globally, with a strong presence in North America, Europe, and Asia-Pacific.SolarWinds specializes in a comprehensive range of IT management solutions designed to enhance operational resilience through unified observability and IT service management. Their primary offerings include AI-powered observability tools that monitor network performance, database management solutions for diagnosing and optimizing databases, as well as incident response systems that facilitate quicker resolutions to IT challenges. These products are tailored to meet the needs of a diverse clientele, including enterprises across various industries such as education, healthcare, and finance, with a specific focus on helping organizations streamline their IT operations and prevent downtime. With a customer base exceeding 200,000 registered members in their user community, SolarWinds operates globally, providing services to markets in North America, Europe, Asia-Pacific, and beyond, ensuring their solutions are accessible to a wide variety of end-users.SolarWinds generates revenue through a subscription-based model, which allows clients to access their suite of products and services while benefiting from continuous updates and support. The company reported a revenue of USD 796.9 mn and an EBITDA of USD 291.38 mn for the most recent year, 2024. Their transactions are primarily structured through direct sales to businesses and enterprises, allowing for a steady revenue stream through multi-year agreements.Looking forward, SolarWinds is focused on expanding its product portfolio with the development of new IT management tools expected to launch in late 2025. The company aims to penetrate new markets in Latin America and the Middle East by 2026. The recent funding from the Secondary Buyout in 2009 will be utilized to support these initiatives, enabling the company to enhance its product offerings and expand its global footprint.

## Funding rounds

- Series B, Feb 5, 2007, $7.5M — Austin Ventures

## Investors

- Austin Ventures (https://capitalatlas.ai/funds/austin-ventures) — Series B