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SolarWinds
SolarWinds Corporation is an American company that develops software for businesses to help manage their networks, systems, and information technology infrastructure. It is headquartered in Austin, Texas, with sales and product development offices in a number of locations in the United States and several other countries. The company was publicly traded from May 2009 until the end of 2015, and again from October 2018. It has also acquired a number of other companies, some of which it still operates under their original names, including Pingdom, Papertrail, and Loggly. It had about 300,000 customers as of December 2020, including nearly all ''Fortune'' 500 companies and numerous agencies of the US federal government. A SolarWinds product, Orion, used by about 33,000 public and private sector customers, was the focus of a U.S. federal government data leak in 2020. The attack persisted undetected for months in 2020, and additional details about the breadth and depth of compromis ...
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2020 United States Federal Government Data Breach
In 2020, a major cyberattack suspected to have been committed by a group backed by the Russian government penetrated thousands of organizations globally including multiple parts of the United States federal government, leading to a series of data breaches. The cyberattack and data breach were reported to be among the worst cyber-espionage incidents ever suffered by the U.S., due to the sensitivity and high profile of the targets and the long duration (eight to nine months) in which the hackers had access. Within days of its discovery, at least 200 organizations around the world had been reported to be affected by the attack, and some of these may also have suffered data breaches. Affected organizations worldwide included NATO, the U.K. government, the European Parliament, Microsoft and others. The attack, which had gone undetected for months, was first publicly reported on December 13, 2020, and was initially only known to have affected the U.S. Treasury Department and the ...
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Dave Yonce
SolarWinds Corporation is an American company that develops software for businesses to help manage their networks, systems, and information technology infrastructure. It is headquartered in Austin, Texas, with sales and product development offices in a number of locations in the United States and several other countries. The company was publicly traded from May 2009 until the end of 2015, and again from October 2018. It has also acquired a number of other companies, some of which it still operates under their original names, including Pingdom, Papertrail, and Loggly. It had about 300,000 customers as of December 2020, including nearly all ''Fortune'' 500 companies and numerous agencies of the US federal government. A SolarWinds product, Orion, used by about 33,000 public and private sector customers, was the focus of a U.S. federal government data leak in 2020. The attack persisted undetected for months in 2020, and additional details about the breadth and depth of compromise ...
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Loggly
SolarWinds Loggly is a cloud-based log management and analytics service provider based in San Francisco, California. Jon Gifford, Raffael Marty, and Kord Campbell founded the company in 2009, and Charlie Oppenheimer was the CEO of Loggly until its announced acquisition by SolarWinds (as part of the SolarWinds Cloud division of brands) on January 8, 2018. History In 2009, Jon Gifford, Raffael Marty, and Kord Campbell founded Loggly. App47, a mobile application management provider, partnered with Loggly in September 2012. The company chose Loggly because of its software-as-a-service (SaaS) deployment option. On January 8, 2018, the company announced that they are now part of SolarWinds. Funding In September 2013, Loggly released "Generation 2", an updated version of its service. The update included log collection through standard syslog protocols and a graphical web interface that allowed users to use a point-and-click process to find log events and generate charts. The same ...
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Pingdom
Pingdom AB is a Swedish website monitoring software as a service company launched in Stockholm and later acquired by the Austin, Texas–based SolarWinds. The company releases annual reports on global internet use, which are frequently cited in academic publications and by media organizations as a source of Internet-related statistics. History Pingdom was launched in 2005 in Västerås, Sweden, but only became popular in 2007. The website monitoring company was founded by the Swedish entrepreneur Sam Nurmi, who had previously founded Loopia Web Hosting and who would go on to found Dooer. As of 2012, the company reported sales of 22.5 million Swedish kronor. By 2014, the company, then owned by the private equity firm Nurmi Drive controlled by its CEO, reported 500,000 customers in 211 countries and employed 30 people. In June 2014, the software company was acquired by the Austin, Texas-based software developer SolarWinds for $103 million. In May 2017, SolarWinds acquired the ...
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Silver Lake Partners
Silver Lake Technology Management, L.L.C., is an American global private equity firm focused on technology and technology-enabled investments. Silver Lake is headquartered in Silicon Valley and New York, and has offices in London, Hong Kong, and Singapore. In June 2024, Silver Lake was ranked 12th in Private Equity International's PEI 300 ranking of the largest private equity firms in the world. History Silver Lake was founded in 1999, at the height of the late 1990s technology boom to make private equity investments in mature technology companies as opposed to the startups pursued actively by venture capitalists. Among the firm's founders were Jim Davidson who had led the Technology Investment Banking business at Hambrecht & Quist; David Roux who had an operational and entrepreneurial background having served as chairman and CEO of Liberate Technologies, executive vice president at Oracle Corporation and senior vice president at Lotus Development; Roger McNamee, as the repr ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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OpenTable
OpenTable is an online restaurant-reservation service company founded by Sid Gorham, Eric Moe and Chuck Templeton on July 2, 1998, and based in San Francisco, California. In 1998, operations began with a limited selection of restaurants in San Francisco. Restaurants used the company's back-end software to process the reservations made on the website, resulting in a real-time reservation system for both diners and restaurants. The service has since expanded to cover more than 55,000 restaurants in more than 80 countries as of 2024. In June 2014, the company was acquired by Priceline Group for $2.6 billion. Reservations are free to end users; the company charges restaurants flat monthly and per-reservation fees for their use of the system. According to the company, it provides online reservations for more than 50,000 restaurants around the world and seats over 1 billion diners per year. History OpenTable was founded by Chuck Templeton on July 2, 1998, and initially incorpo ...
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Table Reservation
A table reservation is an arrangement made in advance to have a table available at a restaurant. While most restaurants in the vast majority of the world do not require a reservation, and some do not have a policy or simply any channel for making one, so-called higher-end restaurants mainly in overcrowded cities often require a reservation, and some may have tables booked for weeks in advance. At particularly exclusive venues, it may be impossible to make a reservation on the same day as the planned visit. The modern reservation system evolved from the prior practice of arranging catering at a restaurant. Today, at such venues, observes Joy Smith, author of ''Kitchen Afloat: Galley Management and Meal Preparation'' (2002): "It's always smart to inquire about a restaurant's reservation policy. Some will only reserve for large parties of six or more". In recent times, many restaurants have replaced the traditional pencil and notebook with an online reservation system, such as Boo ...
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Great Recession
The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.“US Business Cycle Expansions and Contractions”
United States NBER, or National Bureau of Economic Research, updated March 14, 2023. This government agency dates the Great Recession as starting in December 2007 and bottoming-out in June 2009.
The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ...
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Salt Lake City, Utah
Salt Lake City, often shortened to Salt Lake or SLC, is the List of capitals in the United States, capital and List of cities and towns in Utah, most populous city of the U.S. state of Utah. It is the county seat of Salt Lake County, Utah, Salt Lake County, the most populous county in the state. The city is the core of the Salt Lake City Metropolitan Statistical Area (MSA), which had a population of 1,257,936 at the 2020 census. Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Provo–Orem Combined Statistical Area, Salt Lake City–Ogden–Provo Combined Statistical Area, a corridor of contiguous urban and suburban development stretched along a segment of the Wasatch Front, comprising a population of 2,746,164 (as of 2021 estimates), making it the 22nd largest in the nation. With a population of 199,723 in 2020, it is the List of United States cities by population, 111th most populous city in the United States. It is also the central c ...
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Insight Venture Partners
Insight Venture Management, LLC (commonly referred to as Insight Partners and previously Insight Venture Partners) is a global venture capital and private equity firm that invests in high-growth technology, software, and internet businesses. The company is headquartered in New York City, also has offices in London, Tel Aviv, and Palo Alto. History Insight Partners was founded in 1995 by Jeff Horing and Jerry Murdock. As of December 31, 2022, the firm managed over $75 billion in regulatory assets under management In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institutio .... Insight Partners has invested in more than 750 companies worldwide and has seen over 55 portfolio companies achieve an IPO. The firm has an in-house team called Onsite that assists portfolio companies in their growth. I ...
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