# ThousandEyes

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.thousandeyes.com
- Total disclosed funding: $111M
- Latest round: Series D (Jan 18, 2019)
- Investors on record: 7

## About

ThousandEyes, Inc. delivers advanced cloud-based visibility solutions that enhance digital experiences by providing comprehensive insights into application performance and network health across diverse environments.Founded in 2009 in San Francisco, US, ThousandEyes, Inc. specializes in cloud-based visibility solutions aimed at enhancing digital experiences. The company received funding through several rounds, with the most recent funding being a Series D round on May 28, 2020, where it raised USD 50.00 mn, led by GV. Notable investors include Salesforce Ventures, Sequoia Capital, Sutter Hill Ventures, Tenaya Capital, and Thomvest Ventures. Mohit Lad and Ricardo Oliveira are the founders, with Mohit Lad having an extensive background in technology.ThousandEyes, a subsidiary of Cisco, specializes in providing cloud-based visibility solutions aimed at enhancing digital experience across various environments. Their core product offerings include the ThousandEyes platform, which encompasses comprehensive monitoring tools designed to deliver end-to-end insights into application performance and network health. The platform's primary functions involve real-time visibility into both SaaS and internally hosted applications, proactive issue detection powered by artificial intelligence, and the ability to automate responses across owned and unowned environments. Serving a diverse clientele that includes enterprise organizations across sectors like education, healthcare, financial services, and media, ThousandEyes operates in key geographical markets such as North America, Europe, and Asia-Pacific. Their solutions are tailored for enterprises facing challenges associated with hybrid work, multi-cloud operations, and the evolving demands of internet-based service delivery.ThousandEyes generates revenue primarily through a subscription-based model, offering various tiers of service that cater to the specific needs of their clients. The business transactions involve contracts with enterprise customers who subscribe to the platform for access to its suite of monitoring and analytics tools. This model facilitates a steady revenue stream as clients renew their subscriptions annually or semi-annually. Pricing plans are structured to accommodate different levels of service, ensuring that organizations from various industries can find a suitable option that aligns with their operational requirements. Key products within this framework include their flagship services like Cloud Insights and Internet Insights™, which play pivotal roles in helping enterprises manage and optimize their digital experience. The combination of these features allows ThousandEyes to maintain a competitive edge in the market while providing essential services to its diverse customer base.ThousandEyes plans to leverage its recent funding from the Series D round to enhance its product offerings and expand into new geographic markets. Following its acquisition by Cisco Systems, Inc. in May 2020, ThousandEyes is focused on developing new products designed to address the growing complexities of digital environments. The company aims to enter new markets in Asia-Pacific and Europe by the end of 2023, further broadening its global presence. The funding will support these initiatives, enabling ThousandEyes to continue innovating and providing advanced visibility solutions.

## Funding rounds

- Series D, Jan 18, 2019, $50M — Hong Shan, Sutter Hill Ventures, Thomvest Ventures, Tenaya Capital, GV, Salesforce Ventures
- Series C, Feb 3, 2016, $35M — Hong Shan, Sutter Hill Ventures, Tenaya Capital, GV, Salesforce Ventures
- Series B, May 5, 2014, $20M — Hong Shan, Sutter Hill Ventures, Silicon Valley Angel Venture Capital, Salesforce Ventures
- Series A, Jun 19, 2013, $4.5M — Hong Shan
- Seed, Oct 31, 2011, $1.3M — Hong Shan

## Investors

- Hong Shan — Seed, Series A, Series B, Series C, Series D
- Sutter Hill Ventures (https://capitalatlas.ai/funds/sutter-hill-ventures) — Series B, Series C, Series D
- Silicon Valley Angel Venture Capital — Series B
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series B, Series C, Series D
- Tenaya Capital (https://capitalatlas.ai/funds/tenaya-capital) — Series C, Series D
- GV (https://capitalatlas.ai/funds/gv) — Series C, Series D
- Thomvest Ventures (https://capitalatlas.ai/funds/thomvest-ventures) — Series D