ThousandEyes

The company was founded in 2010 by Mohit Lad and Ricardo Oliveira who had worked together during graduate school in the UCLA Internet Research Lab to visualize Autonomous System topologies.{{cite journal|last1=Chi|first1=Ying-Ju|last2=Oliveira|first2=Ricardo|last3=Zhang|first3=Lixia|author3-link=Lixia Zhang|title=Cyclops: The AS-level Connectivity Observatory|url=http://www.sigcomm.org/node/2735|journal=ACM SIGCOMM Computer Communication Review|date=October 2008|volume=38|issue=5|pages=5–13|doi=10.1145/1452335.1452337 |s2cid=9060965 |access-date=18 March 2015}} ThousandEyes received a $500K National Science Foundation grant in 2011 to focus on DNS infrastructure troubleshooting.{{cite web|title=SBIR Phase II: An Integrated Solution for Global Visibility and Security of Internet Services|url=http://www.sbir.gov/sbirsearch/detail/366941|website=Small Business Innovation Research|access-date=18 March 2015}} In 2011, Sequoia Capital led a Series A round to invest $5.5M.{{cite web|title=Technology Portfolio|url=https://www.sequoiacap.com/us/thousandeyes/info|website=Sequoia Capital|access-date=18 March 2015}} The company launched their network monitoring product in June 2013.{{cite news|last1=Darrow|first1=Barb|title=ThousandEyes sniffs out performance problems on-site, off-site wherever|url=https://gigaom.com/2013/06/19/thousandeyes-sniffs-out-performance-problems-on-site-off-site-wherever/|archive-url=https://web.archive.org/web/20130623013247/http://gigaom.com/2013/06/19/thousandeyes-sniffs-out-performance-problems-on-site-off-site-wherever/|url-status=dead|archive-date=June 23, 2013|access-date=18 March 2015|work=GigaOm|date=19 June 2013}} In 2014, Sutter Hill Ventures led a Series B round, joined by Sequoia Capital and Salesforce.com, to invest $20M in the company.{{cite news|last1=Kepes|first1=Ben|title=ThousandEyes Raises $20M Series B|url=https://www.forbes.com/sites/benkepes/2014/12/09/thousandeyes-raises-20m-series-b/|access-date=18 March 2015|work=Forbes|date=9 December 2014}} In 2016, Tenaya Capital and GV joined a Series C round, along with previous investors, with $35M more in capital.{{cite news|url=http://fortune.com/2016/02/25/alphabet-salesforce-cloud-thousandeyes-funding/|title=Alphabet and Salesforce's Venture Arms Just Poured Millions In This Hot Startup|date=25 December 2016|work=Fortune|last1=Vanian|first1=Jonathan|access-date=25 February 2016}} In February 2019 the company announced it has raised $50M in a Series D round of funding led by GV (formerly Google Ventures), bringing ThousandEyes' total funding to more than $110 million. Additionally, Thomvest Ventures joined the round as a new investor alongside existing investors Salesforce Ventures, Sequoia Capital, Sutter Hill Ventures and Tenaya Capital.{{cite news |last1=Wiggers |first1=Kyle |title=ThousandEyes raises $50 million to monitor network performance |url=https://venturebeat.com/2019/02/20/thousandeyes-raises-50-million-to-monitor-network-performance/ |website=VentureBeat |access-date=29 August 2019 |date=20 February 2019}}

Mohit Lad has stated that the name ThousandEyes derives from his co-founder's graduate school project named Cyclops, which refers to the giant creatures of Greek mythology. Lad suggested this company name in order to reflect the lineage from the Cyclops project while connoting enhancements to the original work.{{cite web |url=https://www.thousandeyes.com/blog/thousandeyes-launch |title=ThousandEyes Launch |author=Mohit Lad |date=2013-06-19 |website=www.thousandeyes.com |publisher= |access-date=2024-09-30 |quote=}}

ThousandEyes is a software-as-a-service (SaaS) product that uses synthetic monitoring probes and real user monitoring{{cite web |url=https://www.thousandeyes.com/product/end-user-monitoring |title=End User Monitoring|author= |date=2013-06-19 |website=www.thousandeyes.com |publisher= |access-date=2024-09-30 |quote=}} to measure network and application performance. The product includes elements of network tomography for loss and latency, route analytics to visualize BGP advertisements, DNS monitoring, VoIP monitoring, website monitoring for HTTP and HTTPS and SNMP device polling.{{cite news|last1=Banks|first1=Ethan|title=ThousandEyes Peers into Cloud Performance|url=http://www.networkcomputing.com/cloud-infrastructure/thousandeyes-peers-into-cloud-performance/a/d-id/1234477?|work=Network Computing|date=11 October 2013|access-date=18 March 2015}}

ThousandEyes was privately held until 2020 and backed by venture investors including Sequoia Capital, Sutter Hill Ventures, Salesforce, Tenaya Capital and GV. Its customers include Twitter, Equinix, ServiceNow, EBay, DocuSign, top US banks, and many software-as-a-service cloud companies.{{Cite web|url=https://www.inc.com/business-insider/thousandeyes-profile.html|title=How These Founders Built a $273 Million Company From Junk Computers|last=Bort|first=Julie|date=2016-11-07|website=Inc.com|access-date=2020-04-07}} In May 2020, Cisco announced intent to acquire ThousandEyes.{{Cite web|url=https://newsroom.cisco.com/press-release-content?type=webcontent&articleId=2077910|title=Cisco Announces Intent to Acquire ThousandEyes|date=2020-05-28}} In August 2020, Cisco completed the acquisition {{Cite web|url=https://newsroom.cisco.com/press-release-content?type=webcontent&articleId=2090418|title=Cisco Completes Acquisition of ThousandEyes|date=2020-08-07}} for an undisclosed amount that was reported to be near $1 Billion.{{Cite news|url=https://www.bloomberg.com/news/articles/2020-05-28/cisco-is-said-to-near-1-billion-takeover-of-thousandeyes|title=Cisco Nears $1 Billion Takeover of Software Maker ThousandEyes|date=2020-05-28|last=Baker|first=King|newspaper=Bloomberg.com }}

ThousandEyes has been recognized by Fortune as one of the 2019 Best Workplaces in Texas{{cite news |author1=Fortune Editors |title=The 80 Best Companies to Work For in Texas |url=https://fortune.com/2019/03/19/best-companies-texas-2019/ |access-date=29 August 2019 |work=Fortune |date=19 March 2019}} and by the San Francisco Business Times as one of the 2019 Bay Area Best Places to Work.{{cite news |last1=Cooper |first1=Julia |title=These are the Best Places to Work in the Bay Area |url=https://www.bizjournals.com/sanfrancisco/news/2019/04/18/best-places-to-work-in-the-bay-area.html |access-date=29 August 2019 |work=San Francisco Business Times |date=18 April 2019}} ThousandEyes has also been recognized by Battery Ventures as one of the 50 Highest-Rated Private Cloud-Computing Companies to Work For, with data specifically provided from Glassdoor.{{cite news |author1=Battery Ventures |title=The #CloudCulture Competition Heats Up. Here's Who's Topping The Highest-Rated Cloud Companies Lists of 2019 |url=https://www.battery.com/powered/cloudculture-2019/ |access-date=29 August 2019 |work=Powered by Battery |date=24 April 2019}} In June 2019, ThousandEyes was recognized as one of the winners of the 2019 Cloud Computing Product of the Year Award by TMC's Cloud Computing Magazine.{{cite news |title=Winners of the 2019 Cloud Computing Product of the Year Award Announced |url=http://cloud-computing.tmcnet.com/breaking-news/articles/442476-winners-the-2019-cloud-computing-product-the-year.htm |access-date=29 August 2019 |work=Cloud Computing Magazine |date=20 June 2019}} In November 2018, ThousandEyes was recognized in Credit Suisse AG's inaugural Disruptive Technology Recognition (DTR) Program, an annual recognition of five top companies who are disrupting traditional enterprise information technology (IT Infrastructure).{{cite press release |last=Byrne |first=Karina |title=Credit Suisse AG Announces the Disruptive Technology Recognition Program |url=https://www.credit-suisse.com/about-us-news/en/articles/media-releases/credit-suisse-ag-announces-the-disruptive-technology-recognition-program-201811.html |access-date=29 August 2019 |work=Credit Suisse |date=20 November 2018}} ThousandEyes was included in the 2014 “Gartner Cool Vendors in Application Performance Monitoring and IT Operations Analytics” report.{{cite news|last1=Kowall|first1=Jonah|title=Cool Vendors in Application Performance Monitoring (APM) and IT Operations Analytics (ITOA)|url=http://blogs.gartner.com/jonah-kowall/2014/04/30/cool-vendors-in-application-performance-monitoring-apm-and-it-operations-analytics-itoa/|access-date=18 March 2015|work=Gartner Blog|date=29 April 2014}} Forbes placed ThousandEyes fourth on the list of the "Hottest Startups of 2014."{{cite news|last1=Solomon|first1=Brian|title=The Hottest Startups of 2014|url=https://www.forbes.com/sites/briansolomon/2014/12/17/the-hottest-startups-of-2014/|access-date=18 March 2015|work=Forbes|date=17 December 2014}}

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Category:Networking companies of the United States

Category:Network management