Company:Kaseya
 | |
| Type | Private |
|---|---|
| Industry | Information technology |
| Founded | 2001 |
| Founder | Mark Sutherland Paul Wong |
| Headquarters | Miami, Florida |
Key people |
|
| Products | Network monitoring System monitoring |
| Revenue |  US$1.3 billion (2022) |
| Owner | Insight Partners (majority owner) |
| Website | www |
Kaseya Limited (/kəˈseɪ.ə/ kə-SAY-ə) is a company headquartered in Miami that develops software for network monitoring, system monitoring, and other information technology applications. It is majority-owned by Insight Partners and owns the naming rights to the Kaseya Center. The name of the company means "protect and defend" in the Sioux language.[1] The company was estimated to be valued at $12 billion in April 2023.[2]
History
Kaseya was founded in 2000 in California by Mark Sutherland and Paul Wong, who previously worked together on a project for the National Security Agency.[3]
In 2003, Gerald Blackie joined the company as its CEO.[4]
In June 2013, Insight Partners acquired control of the company and Yogesh Gupta became CEO.[5]
In July 2015, Fred Voccola was named CEO of the company.[6]
In 2018, the company moved its headquarters from Boston to Brickell, Miami.[7]
Also in 2018, the company's remote tool was infiltrated and hackers were able to commandeer affected computers to mine cryptocurrency.[3]
In July 2021, the Kaseya VSA ransomware attack, perpetrated by REvil, led to downtime for 60 customers and over 1,500 downstream businesses.[3][8][9]
In April 2023, the company acquired the naming rights to the Kaseya Center in a 17-year, $117.4 million agreement.[10]
Acquisitions
| # | Year | Company | Notes | Ref(s). |
|---|---|---|---|---|
| 1 | 2011 | Intellipool AB | Network performance monitoring company | [11] |
| 2 | 2013 | Rover Apps | Work-related security for personal devices | [12] |
| 3 | 2013 | 365 Command | Microsoft 365 administration | [13] |
| 4 | 2018 | Unitrends | Data protection technology | [14] |
| 5 | 2020 | Graphus | Phishing defense | [15] |
| 6 | 2021 | RocketCyber | Security operations center | [16] |
| 7 | 2022 | Datto | Backup and disaster recovery; $6.2 billion price | [17] |
| 8 | 2022 | ConnectBooster | Account receivables automation | [18] |
| 9 | 2023 | Vonahi Security | Automated network penetration testing | [19] |
References
- ↑ Walker, Heather (April 10, 2023). "What Does Kaseya Mean? Heat Arena Officially Has a New Name". WTVJ. https://www.nbcmiami.com/news/local/what-does-kaseya-mean-heat-arena-officially-has-a-new-name/3011789/.
- ↑ "After FTX meltdown, county has $117 million solution in Kaseya Center as Heat's home". Miami Herald. April 4, 2023. https://www.miamiherald.com/news/local/community/miami-dade/article273917655.html.
- ↑ 3.0 3.1 3.2 O’BRIEN, MATT (July 13, 2021). "Firm hacked to spread ransomware had previous security flaws". Associated Press. https://apnews.com/article/europe-business-technology-hacking-db3e5f615629bb225259efaf7fdf378c.
- ↑ BURKE, STEVEN (May 21, 2013). "50 Cool Tools For Solution Providers". CRN. https://www.crn.com/slide-shows/channel-programs/240155304/50-cool-tools-for-solution-providers.
- ↑ Tontsi, Phumeza (June 27, 2013). "Insight Venture Partners makes investment in Kaseya". ITWeb. https://www.itweb.co.za/content/XlwrKxv3Roeqmg1o.
- ↑ "Kaseya Names New CEO, Fred Voccola to Drive Company's Rapid Growth Phase" (Press release). Marketwired. July 7, 2015.
- ↑ Correa, Monica (February 28, 2023). "Brickell-based Kaseya gets incentive to add 3,400 IT jobs". Miami Today. https://www.miamitodaynews.com/2023/02/28/brickell-based-kaseya-gets-incentive-to-add-3400-it-jobs/.
- ↑ Wile, Rob; Wilner, Michael (July 6, 2021). "One of Miami's oldest tech firms is at the center of a global ransomware computer hack". Miami Herald. https://www.miamiherald.com/news/business/article252592013.html.
- ↑ Osborne, Charlie (July 23, 2021). "Updated Kaseya ransomware attack FAQ: What we know now". ZDNet. https://www.zdnet.com/article/kaseya-ransomware-attack-1500-companies-affected-company-confirms/.
- ↑ "Heat arena, formerly FTX, renamed Kaseya Center on 17-year deal". ESPN. April 4, 2023. https://www.espn.com/nba/story/_/id/36069084/heat-arena-formerly-ftx-renamed-kaseya-center-17-year-deal.
- ↑ "Kaseya to Acquire Intellipool AB" (Press release). Business Wire. May 2, 2011. External link in
|publisher=(help) - ↑ "Kaseya Acquires Rover Apps" (Press release). GlobeNewswire. July 16, 2013.
- ↑ "Insight Venture-Backed Kaseya Buys 365 Command". The Wall Street Journal. October 24, 2013. https://www.wsj.com/articles/DJFLBO0020131024e9aojlqep.
- ↑ KOVAR, JOSEPH F. (May 3, 2018). "Kaseya Acquires Unitrends, Integrates Data Protection To IT Management Platform". CRN. https://www.crn.com/news/managed-services/300103116/kaseya-acquires-unitrends-integrates-data-protection-to-it-management-platform.
- ↑ NOVINSON, MICHAEL (August 24, 2020). "Kaseya Buys Graphus To Make Phishing Defense Easy For MSPs". CRN. https://www.crn.com/news/security/kaseya-buys-graphus-to-make-phishing-defense-easy-for-msps.
- ↑ "Kaseya Supercharges IT Complete Security Suite with the Acquisition of RocketCyber" (Press release). GlobeNewswire. February 23, 2021.
- ↑ FAIRFIELD, C.J. (June 23, 2022). "It’s Official: Kaseya Completes Datto Acquisition". CRN. https://www.crn.com/news/channel-programs/it-s-official-kaseya-completes-datto-acquisition.
- ↑ "Kaseya Makes Billing Painless for its MSP Customers Through ConnectBooster Integration" (Press release). PRWeb. October 5, 2022.
- ↑ "Kaseya Acquires Vonahi Security to Revolutionize Cybersecurity with Automated Network Penetration Testing" (Press release). WXIN. April 25, 2023.
External links
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