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Netcordia

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Network automation software for enterprise networks

Annapolis, United StatesFounded 2000Legal
Valuation $50–100M Last recorded · 2006
Total funding $10–50M Disclosed equity funding
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About Netcordia

Netcordia, Inc. operated as a specialized developer of software for network configuration and change management (NCCM). The company was established in 2000 by Terry Slattery, who holds the distinction of being the first individual not employed by Cisco to achieve the Cisco Certified Internetwork Expert certification. The founding of Netcordia followed Slattery's experience with his prior company, Chesapeake Computer Consultants, which ceased operations following the downturn in the technology training market after the dot-com bubble burst.

The firm's core offering was NetMRI, a network appliance designed to automate the oversight of network device configurations. This product automatically gathered data from a variety of multi-vendor network devices, including configuration files, SNMP, and event logs. NetMRI's function was to track any alterations made to a network, analyze the relationship between these changes and the network's overall health, and issue alerts to help network managers resolve issues that could lead to downtime. The software also assisted organizations in meeting various regulatory compliance requirements such as PCI DSS, HIPAA, and SOX. In September 2009, Netcordia expanded its product delivery by releasing a downloadable, VMware virtual appliance version of NetMRI.

Netcordia's business model centered on selling its NetMRI product, which catered to a diverse client base across sectors like healthcare, financial services, government, and academia. Notable customers included the United States Army, TIAA-CREF, Duke University, and Neiman Marcus. The company was privately held and secured $17.6 million in funding from venture capital firms such as Novak Biddle Venture Partners, Trinity Ventures, and Gold Hill Capital. A significant milestone for the company occurred in May 2010, when it was acquired by Infoblox for an undisclosed amount, marking its exit as an independent entity.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2000
Headquarters
Annapolis, United States
Open positions
None listed
Dealroom signal
17.7/100
Industry
Legal
Sector
Legal, Compliance, Monitoring, Automated Technology, Regtech Compliance
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit May 2010 $0 — Infoblox —
SERIES B✓Equity / VC Jul 2006 $10M $40M Novak Biddle Venture Partners · Trinity Ventures —
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Growth signals

Netcordia website traffic

Latest recorded traffic for Netcordia is 170 monthly website visits, up 112.5% over the last three months.

Latest monthly visits170 3-month web change+112.5%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Other known investors1 additional known investor

  • Infoblox
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Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Annapolis HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Netcordia on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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