Boundary
Operations management platform
About Boundary
Boundary, established in 2010, operated from Mountain View, United States, as a provider of application-aware infrastructure performance monitoring. The company was founded by Cliff Moon and later led by President and CEO Gary Read, who joined in 2012 and steered the company until its acquisition. Gary Read brought over two decades of experience in the enterprise software industry, having previously led Nimsoft to an acquisition by CA Technologies. This experience was instrumental in taking Boundary from a pre-product stage to a significant market player.
The firm specialized in real-time IT infrastructure monitoring through a Software-as-a-Service (SaaS) platform. This service was designed for modern, highly distributed and dynamic IT applications, offering operations and DevOps teams the tools to monitor and maintain complex systems. The platform's core function was to collect and correlate a high volume of metrics and events in real-time, providing a comprehensive view of application and network performance. Its technology could discover and create a visual representation of the logical application topology, tracking changes as they happened. This capability allowed clients to understand the latency and response times between different application tiers, which is crucial for optimizing performance and cost.
Boundary's business model was subscription-based, offering its monitoring solution with a free tier restricted by data volume. The company targeted a wide range of customers, from DevOps teams at early-adopter firms to large enterprises with complex IT infrastructures. Its client roster included names like Scripps Networks Interactive, Salesforce.com, Zendesk, Expedia, and Rackspace. The company secured $41 million in funding across three rounds, culminating in a $22 million Series C round in April 2014, with investors such as Adams Street Partners and Scale Venture Partners. In a strategic move, the technology assets of Boundary were acquired by BMC Software in August 2015, integrating its real-time monitoring capabilities into BMC's Digital Enterprise Management platform.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2010
- Headquarters
- San Francisco, United States
- Open positions
- None listed
- Dealroom signal
- 23.3/100
- Industry
- Enterprise Software
- Sector
- AI, Hard Tech, DT and LS
- Technology
- Artificial Intelligence, Deep Tech, Machine Learning
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jul 2015 | — | — | BMC | — |
| SERIES C✓Equity / VC | Apr 2014 | $22M | $88M | Scale Venture Partners · Adams Street Partners · Lightspeed Venture Partners · Triangle Peak Partners | — |
Growth signals
Latest recorded traffic for Boundary is 350 monthly website visits, up 118.8% over the last three months.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Lightspeed Venture Partners
Scale Venture Partners
Series B and later3 investors entered at this stage
Adams Street Partners
Triangle Peak Partners
Swisscom Ventures
Other known investors1 additional known investor
BMC
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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