Wavefront - About the company
Wavefront is an acqui-hired company based in Palo Alto (United States), founded in 2013 by Durren Shen and Clement Pang. It operates as a Cloud based real time analytics platform for data center infrastructure. Wavefront has raised $79M in funding from investors like Sequoia Capital, Sutter Hill Ventures and Webb Investment Network. The company has 114 active competitors, including 21 funded and 21 that have exited. Its top competitors include companies like Splunk, InfluxData and Devo.
Company Details
Wavefront is a cloud-based analytics platform for analyzing data generated by hybrid cloud infra, servers and apps. The platform can be used for storing, visualizing and alerting on time series data. Provides insights about the operation of software and hardware, prevents downtime using trend and predictive analysis and gives real-time answers within seconds of any measurement.
Key Metrics
Founded Year
2013
Location
Palo Alto, United States
Stage
Acqui-Hired
Total Funding
$79M in 3 rounds
Latest Funding Round
Investors
Ranked
9th among 114 active competitors
Employee Count
27 as on Jul 01, 2024
Legal entities associated with Wavefront
Wavefront is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VMware, Inc. CIN: 943292913 , Vanuatu, Active | Feb 09, 1998 | - | - | - |
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Wavefront's funding and investors
Wavefront has raised a total funding of $79M over 3 rounds. Its first funding round was on 2014. Its latest funding round was a Series B round on Oct 14, 2016 for $*****. 3 investors participated in its latest round. Wavefront has 7 institutional investors.
Here is the list of recent funding rounds of Wavefront:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 14, 2016 | 6672069 | Series B | 7690659 | 9522375 | 2493807 | 9626188 |
Feb 16, 2016 | 8049599 | Series A | 3171095 | 2125613 | 1004700 | 2337973 |
2014 | 5655 | Series A | 9848 | 1324 | 4168 |
View details of Wavefront's funding rounds and investors
Wavefront's founders and board of directors
Founder? Claim ProfileThe founders of Wavefront are Durren Shen and Clement Pang.
Here are the details of Wavefront's key team members:
- Durren Shen: Co-Founder & Engineer of Wavefront.
- Clement Pang: Chief Architect, Co-Founder of Wavefront.
View details of Wavefront's Founder profiles and Board Members
Wavefront's employee count trend
Wavefront has 27 employees as of Jul 24. Here is Wavefront's employee count trend over the years:
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Wavefront's Competitors and alternates
Top competitors of Wavefront include Splunk, InfluxData and Devo. Here is the list of Top 10 competitors of Wavefront, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ![]() Splunk 2003, San Francisco (United States), Acquired | Provider of security and observability solutions that enable digital resilience | $40M | 80/100 | |
2nd | InfluxData 2012, San Francisco (United States), Series E | Developer of a time series database platform for various applications | $189M | 68/100 | |
3rd | Devo 2011, Cambridge (United States), Series F | Provider of visual data analytics platform for enterprises | $500M | 60/100 | |
4th | OpsRamp 2014, San Jose (United States), Acquired | Cloud-based IT operations analytics management software provider | $57.5M | 59/100 | |
5th | 3xLOGIC 2006, Westminster (United States), Acquired | Developer of physical security management and business intelligence solution | $7.9M | 53/100 | |
6th | Numerify 2012, San Jose (United States), Acquired | Cloud-based business analytics solutions provider | $88M | 51/100 | |
7th | Corvil 2000, New York City (United States), Acquired | Financial technology solutions provider for high-performance trading and analytics | $42M | 47/100 | |
8th | Integrien 2001, Irvine (United States), Acquired | Performance analytics and alerting | $31M | 47/100 | |
9th | Wavefront 2013, Palo Alto (United States), Acqui-Hired | Cloud based real time analytics platform for data center infrastructure | $79M | 46/100 | |
10th | Developer of a platform for managing and improving software code quality | $11.8M | 45/100 |
Looking for more details on Wavefront's competitors? Click here to see the top ones
Wavefront's Investments and acquisitions
Wavefront has made no investments or acquisitions yet.
News related to Wavefront
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VMware Acquires Wavefront To Expand Cross Cloud Application ManagementMindsight•Apr 25, 2017•VMware, Wavefront
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VMware Acquires Cloud Metrics Provider WavefrontCMSWire.com•Apr 12, 2017•VMware, Wavefront, Rancher Labs
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Wavefront Raises $52M in Series B Funding to Accelerate Leadership in Cloud Application Monitoring for Enterprises and SaaS CompaniesVentureBeat•Oct 25, 2016•Wavefront, , , Sequoia Capital and 2 others
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Wavefront raises $52 million for its cloud-based data analytics softwareVentureBeat•Oct 24, 2016•Wavefront, Tenaya Capital
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