SevOne Acquires Log Analytics Startup
The network performance monitoring vendor SevOne has acquired log analytics startup RapidEngines, promising service providers deeper insight into the events that influence the performance of their networks.
The acquisition, announced Thursday, adds another layer to the network monitoring that SevOne already provides to a number of big names in the wireless, cable, and enterprise worlds. RapidEngines automatically collects and organizes log data for any event (anytime the network is pinged), giving it a detailed view of the network.
SevOne plans to combine this with its performance monitoring, making it easier to correlate real-time network and data center performance metrics with log events in a single dashboard.
The company's platform is based on a single physical appliance that can monitor up to 200,000 distributed objects. It can also offer it in a virtualized format, but Scott Frymire, director of marketing for SevOne, says the virtual model can only support 5,000 to 10,000 objects at once.
Either way it's deployed, what separates SevOne from legacy providers, or "dinosaurs" as Frymire calls them, is that it doesn't rely on a centralized database that can't scale up to the volume of data networks have today. (See Accedian, SevONE Team Up on Service Assurance and SevOne Unveils Mobile OSS.)
"The really unique thing about our architecture is there is no limit to how high we can scale," he says. "We have multiple customers monitoring in excess of 5 million [objects] each."
That value proposition is strengthened by the acquisition of RapidEngines, which keeps track of changes in the network as they happen -- things like new firewalls, changes in policy, error codes, or otherwise, according to CEO Tom Grabowski. "Adding in log data completes the story of visibility," he says.
The two will be serving a diverse mix of customers. SevOne recently signed up Nasdaq as a customer, an impressive vote of confidence in the security and scalability of its platform, and it also works with Verizon Wireless , Vodafone Group plc (NYSE: VOD), Bell Mobility Inc. , Comcast Corp. (Nasdaq: CMCSA, CMCSK), Cablevision Systems Corp. (NYSE: CVC), and Telstra Global , as well as leading companies from the enterprise, financial services, consumer electronics, and pharmaceutical industries.
This is the first acquisition for SevOne since it raised $150 million from Bain Capital in early 2013, at which time it talked up its IPO ambitions. Frymire tells us the focus right now remains on its performance monitoring business, but an IPO is not off the table. "No IPO announcements," he says, "but that's one of the potential options for SevOne down the road." (See SPIT Specialist Raises $150M.)
— Sarah Reedy, Senior Editor, Light Reading