SevOne is a network performance monitoring and analytics company founded in 2005 in Newark, Delaware by Vess Bakalov and Tanya Bakalov. Its platform delivers real-time monitoring, analytics, and reporting across physical, virtual, hybrid, and cloud networks for large enterprises and service providers. SevOne was acquired by Turbonomic in November 2019, and subsequently joined IBM in June 2021 when IBM closed its acquisition of Turbonomic. The product is now offered as IBM SevOne Network Performance Management (NPM), part of IBM's AIOps and automation portfolio.
SevOne has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2005
Total Funding
$200M
4 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $200M across 4 rounds
Last updated 06-25-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Sep 2015 | Series C | $50M | — | Westfield Capital, Bain Capital Ventures |
| Jan 2013 | PE growth (Bain) | $150M | — | Bain Capital |
| Mar 2009 | Series B | Not disclosed | — | Osage |
Vess Bakalov
Co-Founder & former CTO
Tanya Bakalov
Co-Founder
Michael Phelan
Founding CEO (2006-2012)
Jack Sweeney
Former CEO (2013)
Competitor list is illustrative and may be incomplete, stale, or erroneous.
SolarWinds
Publicly traded IT management software vendor whose network performance monitor (NPM) competes directly with SevOne in network observability.
Cisco ThousandEyes
Cisco-owned internet and cloud network intelligence platform that competes with SevOne in enterprise network performance visibility.
NetScout Systems
Public network performance management and security vendor offering competing service-assurance and packet-based monitoring solutions.
Datadog
Public observability platform with network performance monitoring features that compete with SevOne in modern cloud-native environments.
Kentik
Private network observability vendor providing network traffic and flow analytics that compete with SevOne for large enterprise and service-provider customers.
LogicMonitor
Private hybrid infrastructure monitoring platform offering network monitoring capabilities competing with SevOne.
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