SolarWinds Sweeps Up VividCortex for $117.5M

SolarWinds acquired VividCortex, which provides database performance management software, for $117.5 million. SolarWinds acquired VividCortex, which provides database performance management software, for $117.5 million. VividCortex’s software-as-a-service-based monitoring service for cloud and on-premises databases will complement SolarWinds Database Performance Analyzer, an on-premises and cloud-deployed product, according to the vendor. The integrated product will give managed services providers and corporate database professionals full-stack visibility across the entire hybrid IT environment on open source databases such as MySQL, PostgreSQL, Amazon Aurora, MongoDB, and Redis. The two startups have been developing a relationship for nearly five years, according to a recent VividCortex blog post penned by founder and CTO Baron Schwartz and CEO Amena Ali. “There’s strong strategic and business alignment between our companies, ranging from the types of customers we serve to our sales and engineering cultures,” Ali and Schwartz wrote. “Significantly, SolarWinds has expressed personal warmth and goodwill, as well as confidence in our business from the start.”  The acquisition better positions SolarWinds to compete against cloud monitoring and application performance management (APM) products from Cisco, Aruba, Datadog, Dynatrace, and New Relic. And the timing is important as the database market increasingly moves to the cloud. A report from Gartner estimates that 75% of all databases will be deployed or migrated to a cloud platform by 2022. “By adding VividCortex to the SolarWinds portfolio of products, we can now offer teams the ability to go deep on app traces, infrastructure monitoring, metrics, both traditional and cloud-native database performance, digital experience monitoring, logs, and network monitoring,” said Kevin Thompson, CEO of SolarWinds, in a statement. “The powerful database management solution VividCortex provides offers us another compelling product, with demonstrated ROI, to enhance our ability to serve IT professionals in organizations of all sizes while meaningfully expanding our total addressable markets.” SolarWinds plans to add the VividCortex product to its IT operations management portfolio by the end of the year.  VividCortex raised about $15.7 million in five funding rounds from investors including Bull City Venture Partners, Battery Ventures, NEA, and Osage Venture Partners.