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BlueStripe Software
Provides FactFinder, an application management and transaction monitoring product
About BlueStripe Software
Founded in 2007 by Chris Neal and Vic Nyman, BlueStripe Software carved a niche in application service management for complex data centers. The company was established in Morrisville, North Carolina, to address the growing need for IT Operations teams to have real-time, accurate visibility into the performance of their distributed applications. Over its lifespan, the venture-backed firm successfully raised approximately $13.5 million through several funding rounds, with investors including Trinity Ventures, Valhalla Partners, and Ascent Venture Partners.
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BlueStripe's core business centered on providing software that empowered enterprises to stage, deploy, and manage their critical business applications. The company's business model revolved around selling licenses for its flagship product, FactFinder. This tool was designed for a client base of IT professionals in enterprises who needed to manage complex application environments spanning multiple operating systems, data centers, and cloud platforms. The software was particularly valuable during critical transitions like physical-to-virtual server conversions, new application rollouts, and managing production deployments. A key achievement for the company was its reported 83.4% revenue growth in 2013, driven by significant sales to existing customers and new client acquisitions.
The company's main offering, FactFinder, was an application management tool that provided a unified view of transactions, applications, and the underlying infrastructure. Its primary function was to automatically discover and map all the components and dependencies of an enterprise application, regardless of where they resided—on-premises or in the cloud. This enabled IT teams to shift from monitoring infrastructure to gaining visibility at the transaction level. Key features included the ability to pinpoint performance bottlenecks quickly, troubleshoot issues for faster resolution, and ensure service level agreements (SLAs) were maintained across the entire application architecture. This detailed mapping also simplified the process of modernizing applications and migrating them to cloud environments. The technology culminated in a significant milestone on June 10, 2015, when Microsoft acquired BlueStripe for an undisclosed amount, intending to integrate its capabilities into the Microsoft System Center and Operations Management Suite (OMS).
At a glance
- Founded
- 2007
- Headquarters
- Morrisville, United States
- Sector
- Other B2B Software
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Trinity Ventures
Valhalla Partners
Source: Dealroom Talent Intelligence.
Global footprint
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