Plixer has been acquired by Battery Ventures, a global, technology-focused investment firm.
Plixer is best known for its flagship product, Scrutinizer, which collects, visualizes, and reports on rich metadata gathered from the existing wired and wireless network connections through to private, public, and hybrid clouds. This network traffic analytics system, which is able to scale to any enterprise environment, delivers rich data context and provides the fastest reporting in the industry. Organizations like those in the financial, government, tech, retail, healthcare and education markets rely on Plixer to reduce risk, improve operations, and lower cost while improving application performance.
As part of the transaction, Jeff Lindholm, former SVP of Brocade, Arbor Networks, and Juniper Networks, has joined Plixer as its new CEO. Mike Patterson and Marc Bilodeau who founded the company in 1999, will continue to participate as members of the corporate leadership team.
“With customers across 108 countries, Plixer has proven itself to be a leader in high performance network traffic analytics for fast, efficient network and security incident response as well as enriched business intelligence,” said Lindholm. “Battery’s investment in Plixer will allow the company to further innovate and expand its product line, align with new technology partners, aggressively attract new clients, and further enhance the value delivered to our existing customers.”
Battery, which was founded in Boston, has invested in many industry-specific software companies like Plixer, a category of companies which offer customers highly specialized products as well as industry-leading support and services. The firm does traditional venture-capital investing as well as larger private-equity deals and has raised over $6.9 billion since inception. The firm is now investing its latest funds with a combined capitalization of $1.25 billion.
“Plixer’s technology is well positioned to take advantage of the rapidly growing network- and security-analytics markets,” said Russell Fleischer, a Battery general partner who is joining Plixer’s board. “Since its inception in 1999, the company has consistently exceeded customer expectations and delivered world-class solutions used by both network and security teams. With the addition of Jeff Lindholm as CEO and Battery’s investment and resources, we look forward to continuing to accelerate Plixer’s growth.”
The Latest
In the heat of the holiday online shopping rush, retailers face persistent challenges such as increased web traffic or cyber threats that can lead to high-impact outages. With profit margins under high pressure, retailers are prioritizing strategic investments to help drive business value while improving the customer experience ...
In a fast-paced industry where customer service is a priority, the opportunity to use AI to personalize products and services, revolutionize delivery channels, and effectively manage peaks in demand such as Black Friday and Cyber Monday are vast. By leveraging AI to streamline demand forecasting, optimize inventory, personalize customer interactions, and adjust pricing, retailers can have a better handle on these stress points, and deliver a seamless digital experience ...
Broad proliferation of cloud infrastructure combined with continued support for remote workers is driving increased complexity and visibility challenges for network operations teams, according to new research conducted by Dimensional Research and sponsored by Broadcom ...
New research from ServiceNow and ThoughtLab reveals that less than 30% of banks feel their transformation efforts are meeting evolving customer digital needs. Additionally, 52% say they must revamp their strategy to counter competition from outside the sector. Adapting to these challenges isn't just about staying competitive — it's about staying in business ...
Leaders in the financial services sector are bullish on AI, with 95% of business and IT decision makers saying that AI is a top C-Suite priority, and 96% of respondents believing it provides their business a competitive advantage, according to Riverbed's Global AI and Digital Experience Survey ...
SLOs have long been a staple for DevOps teams to monitor the health of their applications and infrastructure ... Now, as digital trends have shifted, more and more teams are looking to adapt this model for the mobile environment. This, however, is not without its challenges ...
Modernizing IT infrastructure has become essential for organizations striving to remain competitive. This modernization extends beyond merely upgrading hardware or software; it involves strategically leveraging new technologies like AI and cloud computing to enhance operational efficiency, increase data accessibility, and improve the end-user experience ...
AI sure grew fast in popularity, but are AI apps any good? ... If companies are going to keep integrating AI applications into their tech stack at the rate they are, then they need to be aware of AI's limitations. More importantly, they need to evolve their testing regiment ...
If you were lucky, you found out about the massive CrowdStrike/Microsoft outage last July by reading about it over coffee. Those less fortunate were awoken hours earlier by frantic calls from work ... Whether you were directly affected or not, there's an important lesson: all organizations should be conducting in-depth reviews of testing and change management ...
In MEAN TIME TO INSIGHT Episode 11, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses Secure Access Service Edge (SASE) ...