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SevOne is a technology company.
SevOne provides a comprehensive digital infrastructure performance monitoring solution, offering monitoring and analytics software that delivers real-time visibility and insights into complex networks. The platform is engineered for speed and scale, enabling organizations to proactively identify, troubleshoot, and resolve performance issues across diverse network environments and various infrastructure components. Its core capabilities focus on maintaining optimal operational efficiency and service delivery through advanced data collection and analysis.
The company was founded in 2005 by Vess Bakalov and Tanya Bakalov. The name itself stems from the industry slang for "severity one" performance problems that network managers frequently encounter, reflecting the founders' original insight into the critical need for robust tools to address and prevent the most impactful network outages and degradations. This founding principle guided its early development as a dedicated performance management vendor.
SevOne primarily serves large enterprises and demanding service-delivery organizations that rely on highly available and performant digital infrastructures. Its vision centers on empowering these organizations to manage and optimize their intricate network landscapes, ensuring uninterrupted service and operational excellence. The company strives to be the foundational layer for maintaining the health and responsiveness of mission-critical IT environments.
SevOne has raised $200.0M across 4 funding rounds.
SevOne has raised $200.0M in total across 4 funding rounds.
SevOne was a software company specializing in network performance management (NPM) solutions, providing monitoring and analytics for digital infrastructure including networks, servers, and cloud datacenters.[1][2][3] It served enterprises, managed service providers (MSPs), financial institutions, and communication service providers (CSPs) by solving critical problems like real-time issue detection, anomaly spotting, and capacity planning in complex hybrid environments such as SDN, SD-WAN, WiFi, 5G, and multi-cloud setups.[2][3][4] Originally founded as an independent company, SevOne was acquired by Turbonomic in 2019 and then by IBM in 2021, where its technology evolved into IBM SevOne NPM, a scalable platform with AIOps integration via IBM Watson for predictive insights and automated remediation.[1][2][3] This integration has sustained its growth momentum, earning recognition like a 2026 Buyer’s Choice Award, with deployments expanding in high-stakes sectors like finance and telecom for faster issue resolution and end-to-end visibility.[3][4][5]
SevOne was founded in 2005 in Newark, Delaware, by computer scientists from the University of Delaware who doubled as network architects at leading financial institutions, addressing the slang-termed "severity one" performance crises in networks.[1] The idea emerged from hands-on experience tackling complex monitoring challenges where traditional tools fell short, leading to a focus on scalable, high-frequency data collection.[1][4] Early traction came via venture funding: Osage Ventures led a Series A in 2007 and a follow-on in 2009, followed by a $150 million investment from Bain Capital in 2013 and a $50 million Series C in 2015 backed by Bain Capital Ventures, Westfield Capital, and others.[1] Pivotal moments included these infusions fueling product scaling, culminating in acquisitions—first by Turbonomic in November 2019, then by IBM in April 2021, transforming it into a core IBM offering.[1]
SevOne rides the wave of hybrid multicloud adoption and edge computing trends, where networks span legacy on-prem, SD-WAN, 5G, and clouds, demanding unified observability amid rising cyber threats and performance demands.[2][3] Timing aligns with AIOps maturation—post-2021 IBM acquisition amplified its AI via Watson, addressing market forces like explosive data growth (e.g., in finance for high-frequency trading) and SD-WAN migrations, where tools must scale without downtime.[3][4] It influences the ecosystem by empowering MSPs and CSPs (e.g., BT Business, Spark NZ) to deliver reliable services, reducing churn via capacity forecasting, and setting benchmarks for automated network heroism in finance and healthcare.[3][4]
IBM SevOne NPM is positioned for expansion in AI-driven observability, with no-code automation and ML enhancements tackling escalating hybrid network complexity. Trends like 6G precursors, deeper edge AI integration, and zero-trust security will shape its path, potentially amplifying its role in autonomous networks. Its influence may evolve toward full-stack infrastructure orchestration, solidifying IBM's edge in enterprise NPM while sustaining the original SevOne legacy of preempting "severity one" crises at global scale.[2][3][6]
SevOne has raised $200.0M in total across 4 funding rounds.
SevOne's investors include Benjamin Nye, Will Muggia, Flybridge, Osage University Partners, Venture Guides, Brookside Capital, HarbourVest Partners, Osage Venture Partners, VT Technology Ventures, Ben Holzman, Jerry Yang.
SevOne has raised $200.0M across 4 funding rounds. Most recently, it raised $47.0M Series C in September 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2015 | $47.0M Series C | Benjamin Nye, Will Muggia | Flybridge, Osage University Partners, Venture Guides, Brookside Capital, HarbourVest Partners, Osage Venture Partners, VT Technology Ventures |
| Jan 15, 2013 | $150.0M Other Equity | Ben Holzman | Jerry Yang |
| Apr 1, 2009 | $2.0M Series A | Osage University Partners | |
| Sep 1, 2007 | $1.0M Series A | Osage University Partners |