Serval Valuation, Funding & Investors

JumpCloud is a cloud directory platform enabling zero-trust access to resources from any device. Louisville, Colorado-headquartered and founded in 2012, it manages identities and devices for 180,000 organizations worldwide, including Cars.com and Foursquare. Backed by investors like General Atlantic, the service integrates with Microsoft Entra ID and supports RADIUS authentication.

Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks. It offers solutions that serve the needs of users in the CS and ITSM categories and has also expanded its offering with Sales and Marketing automation products. These product offerings enable organizations to acquire, engage, and serve their customers and employees. The group derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and Other regions. It derives maximum revenue from North America.

Beijing Ultrapower Software Co Ltd is an IT operations and maintenance service provider in China. It offers enterprise-oriented IT consulting, solutions, software products, and project implementing and operation services. The company focuses on the use of information technology to promote industrial development and social progress and improve people's work and life quality.

CIQ is an Austin-based provider of enterprise support for open-source infrastructure software including Rocky Linux, Kata Containers, and OpenShift. Founded by former CentOS leaders in 2021, it delivers 24/7 SLAs to Fortune 500 clients like financial institutions and cloud providers worldwide.

SonarSource is a Geneva-headquartered provider of code quality and security analysis tools. Its SonarQube platform scans applications in over 30 programming languages including Java, JavaScript, C++, and Python, integrating with CI/CD pipelines like Jenkins and GitHub Actions. Adopted by more than 400,000 organizations and Fortune 500 firms such as Cisco, Deutsche Bank, and Samsung, the open-source Community Edition and commercial Enterprise Edition detect 5,000+ coding rules to minimize vulnerabilities and technical debt.

Kaseya is an American IT management and security software company headquartered in Miami, Florida. Mark Sutherland and Paul Wong founded it in California in 2000. It sells software to managed service providers (MSPs) and internal IT departments, led by Kaseya VSA for remote monitoring and management, IT Glue for IT documentation, and backup and disaster-recovery products. Revenue comes mainly from recurring subscriptions, and the company reported more than $1.5 billion of annual recurring revenue by 2025. Kaseya grew through acquisitions, including IT Glue, Unitrends and RapidFire Tools in 2018 and Datto for $6.2 billion in 2022. Insight Partners holds the majority of the equity, with TPG, Temasek and Sixth Street as further investors. In July 2021 the REvil ransomware group exploited Kaseya VSA, reaching about 60 direct customers and up to 1,500 downstream organisations; the company had roughly 36,000 customers at the time. Kaseya employed about 5,000 people in January 2026, and Rania Succar became chief executive in June 2025 after Fred Voccola stepped down.

Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States.

PagerDuty Inc is a digital operations management platform that manages urgent and mission-critical work for a modern, digital business. Its PagerDuty Operations Cloud combines artificial intelligence (AI) operations (AIOps), automation, customer service operations, and incident management with a generative AI assistant to create a flexible, resilient, and scalable platform to protect revenue and improve customer experience, improve operational efficiency, and mitigate the risk of operational failures. The company generates revenue predominantly from cloud-hosted software subscription fees and term-license software subscription fees. Geographically, the firm derives a majority of its revenue from the United States and the rest from International markets.

CommVault Systems Inc provides cyber resiliency solutions designed to help the enterprise protect, secure, and recover its data, applications, and identity systems in a world of increasing cyber threats and attacks. Its offerings provide cyber resilience, including data protection, cyber recovery, data security, and governance, aiming to enable customers to continue business. The company delivers its solutions through Commvault Cloud, a cloud native platform that unifies data security, cyber recovery and identity resilience across on-premises, hybrid, multi-cloud, and software-as-a-service environments. It sells its offerings through subscription-based arrangements, including SaaS and term-based subscriptions, and also offers perpetual licenses, customer support, and professional services.

BigPanda is a Mountain View-headquartered AIOps platform that helps IT operations teams at enterprises detect and resolve incidents using Open Box Machine Learning. The software correlates alerts from monitoring tools, automates root cause analysis, and integrates with service desks like ServiceNow. Customers including Intel, TiVo, Turner Broadcasting, and Workday use it to cut mean time to resolution by up to 90 percent. Founded in 2012, BigPanda processes billions of events monthly across hybrid cloud environments.

Electric is a New York City-based provider of AI-powered IT management platforms tailored for small and mid-sized businesses across North America. Launched in 2016, its unified platform handles real-time IT support through over 100 technicians, alongside cybersecurity, endpoint management, network monitoring, cloud applications, employee lifecycle automation, procurement, and analytics. The company supports nearly 1,000 clients encompassing 45,000 end-users in sectors like technology, finance, and healthcare.

Grafana Labs is a software company that develops the open-source Grafana visualization project and a commercial observability platform built around it. Its products include Grafana Cloud, Grafana Enterprise, and the Loki, Tempo, Mimir and Pyroscope open-source projects for logs, traces, metrics and profiling. The company was formed in 2014 by Raj Dutt, Anthony Woods and Torkel Odegaard and operates as a remote-first business. It grew through acquisitions including Kausal in 2018, k6 and Pace in 2021, Amixr in 2021, Pyroscope and Asserts in 2023 and Logline in 2026. The company reported annual recurring revenue above 400 million dollars and more than 7,000 customers in September 2025. Investors include Lightspeed Venture Partners, Lead Edge Capital, GIC, Sequoia Capital, Coatue, CapitalG and J.P. Morgan.

Tanium is a Kirkland-headquartered platform for real-time endpoint security and management across millions of devices. It enables IT teams in enterprises and governments to query operating systems, applications, and hardware states instantly. Founded in 2007, Tanium serves clients like the US Department of Defense, JPMorgan Chase, and Walmart from data centers in the US and Europe.

Dash0 is a Berlin-based observability platform adhering to OpenTelemetry standards for monitoring applications, infrastructure, Kubernetes clusters, and websites. It delivers resource-centric metrics, traces, logs, synthetic tests, dashboards, and alerting through integrations with PromQL, Perses, and Grafana. The platform offers cost transparency and simple pricing based on data volume, requiring no vendor lock-in. Dash0 supports engineering teams at scale, processing billions of data points daily for real-time anomaly detection and performance optimization.

GoGuardian is a Chromebook management platform equipping educators with tools to safeguard students online and optimize device usage in classrooms. Deployed in over 25 million devices across U.S. school districts, it filters harmful content, blocks distractions, and provides real-time insights into student activity. Analytics dashboards track engagement patterns, while administrative controls enforce policies during lessons, supporting personalized instruction in K-12 environments from its San Diego headquarters.

Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.

ScienceLogic is a Reston-headquartered provider of AI-powered IT monitoring for hybrid cloud environments. Its SL1 platform serves over 50,000 instances for enterprises like Citibank and government agencies, delivering real-time visibility across on-premises, AWS, Azure, and hybrid infrastructures with automated workflows.

Nile is a Santa Clara-based networking company delivering enterprise access services powered by AI architecture. The Nile Access Service provides zero-trust security, wired and wireless connectivity, and performance SLAs in a cloud-managed model. Deployed in over 1,000 locations across North America, it serves sectors like healthcare and finance including clients such as Kaiser Permanente. Founded in 2021, Nile reduces IT operational costs through automation replacing legacy Wi-Fi controllers and firewalls.