Posting Its 6th Consecutive Year of Record Revenues, SevOne

Posting Its 6th Consecutive Year of Record Revenues, SevOne Receives
$150 Million Investment From Bain Capital 
WILMINGTON, DE -- (Marketwire) -- 01/15/13 --   SevOne, creator of
market leading IT infrastructure management solutions, today
announced that it closed 2012 with its 6th consecutive year of record
financial results. The company's results were driven by existing
customers adding more elements to manage their burgeoning networks as
well as adding a record number of new customers. Based on this
success, leading business software investor Bain Capital invested
$150 million in the company.  
"SevOne is the only solution that enables its customers to see all
services in real-time within global distributed networks of any
scale. The world's largest and most sophisticated customers choose
SevOne for its fast time to value and unique peer to peer
architecture that scales to address big data network growth," said
Ben Nye, Managing Director at Bain Capital Ventures. 
"We were attracted by the incredibly high satisfaction levels of
SevOne's customers, the unique differentiation of their technology,
and the talented management team. We look forward to partnering with
the SevOne team to maintain their growth and accelerate their go to
market operations," added Ben Holzman, Partner, Bain Capital
Ventures. 
SevOne provides a highly scalable, easy to deploy IT monitoring and
reporting solution that provides high levels of visibility for
enterprises, service providers or any entity dealing with challenges
around network latency, new service rollout, business interruptions
and increasing volume of data on their networks. SevOne's IT
Performance Appliances scale cost-effectively without limitation or
performance degradation so customers, for the first time, can monitor
and manage any IT infrastructure, no matter how massive or complex. 
"SevOne is thrilled to partner with Bain Capital as we take the
company to the next level," said Mike Phelan, CEO, SevOne. "The
investment caps a highly successful 2012 for SevOne. Our bookings
doubled year over year, profitability increased significantly and our
customer base doubled." 
Pacific Crest Securities served as financial advisor to SevOne in
this transaction. 
About SevOne
 SevOne, Inc. delivers the indu
stry's fastest, most
scalable, and comprehensive real-time IT infrastructure monitoring,
troubleshooting and performance reporting solution. SevOne invented a
proprietary, next-generation distributed technology, called the
SevOne Cluster(TM), that combines the cutting edge principles behind
peer-to-peer sharing and big data analytics to scale smoothly so that
millions of IT elements, across all monitoring technologies, can be
managed and provide a single view to the user. Hundreds of customers,
including the top cable companies, wireless network and managed
service providers, and top financial services institutions rely on
SevOne to reduce operating expenses and improve quality of service.
SevOne was recently named the 75th fastest growing company in North
America on Deloitte's 2012 Technology Fast 500 rankings. 
About Bain Capital
 Bain Capital, LLC (www.baincapital.com) is a
global private investment firm that manages several pools of capital
including private equity, venture capital, public equity, high-yield
assets and mezzanine capital with approximately $67 billion in assets
under management. Since its inception in 1984, Bain Capital has made
private equity investments and add-on acquisitions in over 450
companies in a variety of industries around the world. Bain Capital
Ventures (www.baincapitalventures.com) manages over $2 billion of
assets and has over 70 active portfolio companies. Bain has a long
history of investing in branded technology and business service
companies, such as Solarwinds (NYSE: SWI), AppAssure Software, Archer
Technologies, Network Intelligence, dynaTrace Software, LinkedIn
(NYSE: LNKD), SurveyMonkey, Taleo, and DoubleClick. The firm has
offices in Boston, Palo Alto, New York, Chicago, London, Munich,
Tokyo, Shanghai, Hong Kong and Mumbai.  
SevOne Contact:
Gina Karr
SevOne Inc.
gkarr@sevone.com
+1 (410) 370 8756 
Media Relations Contact:
Tony Keller
The Walker Group
tkeller@walkerlimited.com
+1 (847) 421 1477