ThousandEyes has closed $35 million in Series C funding led by Tenaya Capital, with participation from new investor GV (formerly Google Ventures) and existing investors, including Sequoia Capital and Sutter Hill Ventures.
The new funds will be used to execute on the company's long-term growth plans, which include expanding operations in North America and worldwide, delivering a pipeline of network intelligence innovations and continuing to invest in customer success. With this new round of funding, ThousandEyes' total investment now stands at more than $60 million, giving the company the resources needed to accelerate expansion.
"Business infrastructure is getting increasingly distributed and complex, and organizations need a simple way to gain visibility and insight into all aspects of their corporate network, including those parts running over the public Internet and powered by third-party service providers," said Brian Paul, managing director of Tenaya Capital. "We were immediately impressed by the ThousandEyes network intelligence platform and the caliber of customers that have adopted it, from the world's fastest-growing to the largest organizations. Mohit and Ricardo [ThousandEyes co-founders] have built a solution for today's world and we are excited to lead this round and invest in the next phase of growth for the company."
"ThousandEyes empowers CIOs by giving them unprecedented visibility into the availability of SaaS services that their customers use daily," said Dave Munichiello, General Partner at GV. "The company's traction with large enterprises continues to skyrocket, bringing ThousandEyes' vision of next-generation network intelligence and monitoring to major corporations around the globe."
"We're seeing increasing demand as organizations begin running into significant visibility issues in the era of Internet-delivered cloud services," said Mohit Lad, CEO and co-founder of ThousandEyes. "We've seen rapid growth while remaining capital efficient, and this latest round of funding gives us the resources to expand and scale our platform so more organizations can forecast and eliminate predictable issues and respond to unforeseen events at the speed of modern business."
"We're at a time and place where modern enterprise systems are just beginning to operate in hyperconnected environments," said Jennifer Clark, VP at 451 Research. "ThousandEyes is addressing a significant problem that will grow exponentially as more companies move more of their workloads to cloud based services."
The Latest
2020 was the equivalent of a wedding with a top-shelf open bar. As businesses scrambled to adjust to remote work, digital transformation accelerated at breakneck speed. New software categories emerged overnight. Tech stacks ballooned with all sorts of SaaS apps solving ALL the problems — often with little oversight or long-term integration planning, and yes frequently a lot of duplicated functionality ... But now the music's faded. The lights are on. Everyone from the CIO to the CFO is checking the bill. Welcome to the Great SaaS Hangover ...
Regardless of OpenShift being a scalable and flexible software, it can be a pain to monitor since complete visibility into the underlying operations is not guaranteed ... To effectively monitor an OpenShift environment, IT administrators should focus on these five key elements and their associated metrics ...
An overwhelming majority of IT leaders (95%) believe the upcoming wave of AI-powered digital transformation is set to be the most impactful and intensive seen thus far, according to The Science of Productivity: AI, Adoption, And Employee Experience, a new report from Nexthink ...
Overall outage frequency and the general level of reported severity continue to decline, according to the Outage Analysis 2025 from Uptime Institute. However, cyber security incidents are on the rise and often have severe, lasting impacts ...
In March, New Relic published the State of Observability for Media and Entertainment Report to share insights, data, and analysis into the adoption and business value of observability across the media and entertainment industry. Here are six key takeaways from the report ...
Regardless of their scale, business decisions often take time, effort, and a lot of back-and-forth discussion to reach any sort of actionable conclusion ... Any means of streamlining this process and getting from complex problems to optimal solutions more efficiently and reliably is key. How can organizations optimize their decision-making to save time and reduce excess effort from those involved? ...
As enterprises accelerate their cloud adoption strategies, CIOs are routinely exceeding their cloud budgets — a concern that's about to face additional pressure from an unexpected direction: uncertainty over semiconductor tariffs. The CIO Cloud Trends Survey & Report from Azul reveals the extent continued cloud investment despite cost overruns, and how organizations are attempting to bring spending under control ...
According to Auvik's 2025 IT Trends Report, 60% of IT professionals feel at least moderately burned out on the job, with 43% stating that their workload is contributing to work stress. At the same time, many IT professionals are naming AI and machine learning as key areas they'd most like to upskill ...
Businesses that face downtime or outages risk financial and reputational damage, as well as reducing partner, shareholder, and customer trust. One of the major challenges that enterprises face is implementing a robust business continuity plan. What's the solution? The answer may lie in disaster recovery tactics such as truly immutable storage and regular disaster recovery testing ...
IT spending is expected to jump nearly 10% in 2025, and organizations are now facing pressure to manage costs without slowing down critical functions like observability. To meet the challenge, leaders are turning to smarter, more cost effective business strategies. Enter stage right: OpenTelemetry, the missing piece of the puzzle that is no longer just an option but rather a strategic advantage ...