Kaseya Limited ( ) is a company headquartered in

Miami Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a populat ...

that develops software for

network monitoring Network monitoring is the use of a system that constantly monitors a computer network for slow or failing components and that notifies the network administrator (via email, SMS or other alarms) in case of outages or other trouble. Network monitor ...

system monitor A system monitor is a hardware or software component used to monitor system resources and performance in a computer system. Among the management issues regarding use of system monitoring tools are resource usage and privacy. Monitoring can tra ...

ing, and other

information technology Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Inf ...

applications. It is majority-owned by

Insight 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 ...

and owns the

naming rights Naming rights are a financial transaction and form of advertising or memorialization where a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event (most often sports venues), typical ...

to the

Kaseya Center Kaseya Center is a multi-purpose arena on Biscayne Bay in Miami, Florida. The arena is home to the Miami Heat of the National Basketball Association. The arena was previously named American Airlines Arena from opening in 1999 until 2021, FTX ...

. The company was estimated to be valued at $12 billion in April 2023.

History

Kaseya was founded in 2000 in California by Mark Sutherland and Paul Wong, who previously worked together on a project for the

National Security Agency The National Security Agency (NSA) is an intelligence agency of the United States Department of Defense, under the authority of the director of national intelligence (DNI). The NSA is responsible for global monitoring, collection, and proces ...

. In 2003, Gerald Blackie joined the company as its CEO. In June 2013,

acquired control of the company and Yogesh Gupta became CEO. In July 2015, Fred Voccola was named CEO of the company. In 2018, the company moved its headquarters from

Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

Brickell Brickell ( ) is a neighborhood in Miami, Florida, historically referenced at times as "Southside" (being south of the Miami River), located directly east of Interstate 95, south of the Miami River (Florida), Miami River, and north of Coconut Gr ...

. In April 2023, the company acquired the

to the

in a 17-year, $117.4 million agreement. In 2024, the company laid off 150 employees, about 8% of its Miami workforce. The company stated that it was part of its normal performance-based reviews and that the jobs would not disappear.

Security Issues

In 2015, Kaseya fixed a directory traversal vulnerability in their remote access tool. The same bug was present in the company's support website for a further six years. In 2018, the company's remote tool was infiltrated and hackers were able to commandeer affected computers to mine

cryptocurrency A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership record ...

. In July 2021, the Kaseya VSA ransomware attack, perpetrated by REvil, led to downtime for 60 customers and over 1,500 downstream businesses.

Business practices

Kaseya faced backlash in 2022, when customers found that terms and conditions were being updated to introduce automatically renewing three-year terms, getting only a 30 days notice of the change.

Acquisitions

References

External links

* {{Official website, https://www.kaseya.com/ 2001 establishments in California American companies established in 2001 Network management Software companies based in Florida Software companies established in 2001 Software companies of the United States System administration