Founded Year
1999Stage
Acquired | AcquiredTotal Raised
$38MValuation
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Latest Tonic Software News
Nov 10, 2020
The acquisition will allow Altiris to offer customers enhanced server monitoring and diagnostics capabilities. January 07, 2005 Altiris has acquired Tonic Software, a Web application management software vendor. The acquisition will allow Altiris to offer customers enhanced server monitoring and diagnostics capabilities, expanding its business in providing IT lifecycle management for both servers and clients. Financial details of the transaction were not disclosed. The Tonic technology complements Altiris' current server monitoring product by extending monitoring and diagnostic capabilities for heterogeneous environments. Greg Butterfield, Altiris president and CEO, noted in a statement that Tonic's technology helps Altiris identify, resolve and prevent software application problems before they affect end users and business operations. The deal gives Altiris its first application-aware solution for managing J2EE and .NET Web environments. "Dynamic server provisioning is key to organizations as they move toward a real time infrastructure," Butterfield said. "Server monitoring is the enabling technology and the foundation to the dynamic server provisioning model. This acquisition improves our competitive advantage in this area." The technology will be integrated into the current Altiris server management offerings and will provide a standalone monitoring solution for midsize and enterprise customers. Tags:
Tonic Software Frequently Asked Questions (FAQ)
When was Tonic Software founded?
Tonic Software was founded in 1999.
Where is Tonic Software's headquarters?
Tonic Software's headquarters is located at 9606 North MoPac Expressway, Austin.
What is Tonic Software's latest funding round?
Tonic Software's latest funding round is Acquired.
How much did Tonic Software raise?
Tonic Software raised a total of $38M.
Who are the investors of Tonic Software?
Investors of Tonic Software include Altiris, Sevin Rosen Funds, Scale Venture Partners, HLM Venture Partners, Trellis Partners and 6 more.
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