Type Private Founder Stuart Bailey Website infoblox.com Number of employees 600 Chief information officer Sriram Thiagarajan | Industry Computer networking Key people Jesper Andersen (CEO) CFO Janesh Moorjani CTO Alan Conley Parent organization Vista Equity Partners | |
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Founded Chicago, Illinois (1999) Headquarters Santa Clara, California, United States CEO Jesper Andersen (8 Dec 2014–) Profiles | ||
Infoblox company overview
Infoblox is an IT management tool technology company based in California's Silicon Valley. The company focuses on managing and identifying devices connected to networks—specifically for the Domain Name System (DNS), Dynamic Host Configuration Protocol, and IP address management.
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Infoblox honors the company s first customer at bloxfest 2016
History
Infoblox was founded in 1999 in Chicago, Illinois, by Stuart M. Bailey, who was at the University of Illinois. The company moved to Santa Clara, California, in 2003.
In 2010, Infoblox acquired Netcordia which provided technologies for network task automation. Later in the same year, the company integrated Infoblox IP address management technology with Netcordia's network configuration and change management technologies. As virtualization and cloud computing became increasingly prevalent in data centers, automation was marketed using the term distributed virtual infrastructure. The company added DNS security products, and it also supplies hardware appliances to host its software. Infoblox joined commercial and government groups, and independent research, and made generally available as open-source software.
Network management became increasingly crucial, after a sharp rise in computer crime, especially attacks that exploit DNS servers, such as DNS spoofing and distributed denial-of-service attacks. In 2012, 7.8 million new malware threats emerged. Mobile threats grew by 1,000 percent, and 865 successful breaches compromised 174 million records. DNS servers in particular are vulnerable to hacking, and often used in destructive attacks such as the Syrian Electronic Army (SEA) attack that hit The New York Times and Twitter in 2013. In December 2013, it estimated 6,000 customers, which included government organizations as well as businesses.
Infoblox received $80 million in five rounds of financing (2000, 2001, 2003, 2004 and 2005). The company's main investor was Sequoia Capital. The company had their initial public offering on April 20, 2012. Shares were listed on the New York Stock Exchange under the symbol BLOX. The stock price advanced 40 percent in the first day of trading. After adding 250 employees that year, Infoblox moved to Santa Clara. Earnings leading up through Q4 2013 showed financial as well as physical growth. Total net revenue for the fourth quarter of fiscal 2013 was $63.1 million, an increase of 40 percent on a year-over-year basis. Total net revenue for fiscal 2013 was a record $225.0 million, an increase of 33 percent compared with the total net revenue of $169.2 million in fiscal 2012. First quarter results for 2014 fell short of expectations, causing a drop in share price.
On September 19, 2016, Vista Equity Partners announced intent to purchase Infoblox for approximately $1.6 billion. The acquisition closed in November.