About ConnectWise
ConnectWise is a company based in Boston (United States) founded in 2005 was acquired by ConnectWise in October 2019. It operates as a SaaS (Software-as-a-Service) and Managed Services. ConnectWise has completed 2 acquisitions, including BrightGauge and R1Soft. ConnectWise offers products and services including ConnectWise PSA, ConnectWise RMM, ConnectWise Cybersecurity, and ConnectWise Cloud Backup. ConnectWise operates in a competitive market with competitors including Datadog, ScienceLogic, NetScout, Quest Software and Kaseya, among others.
- Headquarter Boston, United States
- SectorsTechnology
- Phone•••• ••••
- Website continuum.net
- Social LinkedIn X Facebook YouTube
- Acquired by ConnectWise (Oct 2019)
- Legal Name Connectwise, Llc
- Date of Incorporation 04 Apr, 2011
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹142 Cr
FY 2018 · +32% YoY
- Net Profit₹13.91 Cr
FY 2018 · 10% margin
- EBITDA₹24.81 Cr
FY 2018 · 17% margin
- InvestorsConnectWise
& 2 more
- Investments & AcquisitionsBrightGauge
& 1 more
- Acquired by
Associated legal entities of ConnectWise
ConnectWise operates through Continuum Managed Solutions Private Limited (converted to llp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Continuum Managed Solutions Private Limited CIN U72300MH2011PTC215707 | Converted To Llp | 04 Apr 2011 | Mumbai, Maharashtra | ₹142 Cr | – | – | View details |
Products & Services of ConnectWise
ConnectWise offers a comprehensive portfolio of products and services, including ConnectWise PSA, ConnectWise RMM, ConnectWise Cybersecurity, and ConnectWise Cloud Backup.
Software for managing IT services and business operations.
Tool for monitoring and managing IT systems remotely.
Solutions for protecting data and ensuring business security.
Service for backing up and recovering critical data.
Apps and channels of ConnectWise
its YouTube channel ConnectWise has 7.03K subscribers and 30 videos.
Videos from ConnectWise
The most watched videos on ConnectWise's YouTube channel, ConnectWise (7.03K subscribers). Click a video to play it here.
More on ConnectWise.
Funding Insights of ConnectWise
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of ConnectWise with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2011 | – | Private Equity Round | – | – |
3 investors in total: 3 institutional.
Investors in ConnectWise
ConnectWise has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include ConnectWise, Thoma Bravo and Summit Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Summit Partners is recognized as a growth equity investment firm. | – | summitpartners.com | Boston, United States | |
Software and technology-enabled services companies are targeted for investment. | 1980 | thomabravo.com | Chicago, United States | |
Cloud-based ERP and price quotation management software is provided. | 1982 | connectwise.com | Tampa, United States |
Investor details for ConnectWise
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Financials of ConnectWise
Figures of Continuum Managed Solutions Private Limited, the primary company behind ConnectWise, for FY 2018. Revenue was ₹142 Cr (+32% year on year). Net profit was ₹13.91 Cr (10% margin). EBITDA was ₹24.81 Cr (17% margin). Revenue has grown at a compounded annual rate of +32% over three years.
- ₹142 CrRevenue · FY 2018 · +32% YoY
- ₹13.91 CrNet profit · 10% margin
- ₹24.81 CrEBITDA · 17% margin
- ₹1.00 CrPaid-up capital
- +32%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Continuum Managed Solutions Private Limited are on its company page.
Detailed financial statements for ConnectWise
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by ConnectWise
ConnectWise has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BrightGauge and R1Soft.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Customizable dashboards and reports are provided for IT service providers. | brightgauge.com | Miami, United States | 2010 | Jan 2019 | •••• | |
Continuous backup recovery is offered for Windows and Linux platforms. | r1soft.com | Houston, United States | 2006 | Aug 2014 | •••• |
Complete acquisition details for ConnectWise
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of ConnectWise
6 dated milestones of ConnectWise across 14 years, from founding to its latest funding, stage changes and deals.
- Founded ConnectWise is founded.
- Funding First funding round.
- Acquisition Acquires R1Soft.
- Exit Acquired by Thoma Bravo.
- Acquisition Acquires BrightGauge.
- Exit Acquired by ConnectWise.
Competitors of ConnectWise
ConnectWise operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Datadog, ScienceLogic, NetScout, Quest Software and Kaseya, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| datadoghq.com | 2010 | New York, United States | $147.19M | 2,400 | Cloud and application performance management platform is provided. | |
| sciencelogic.com | 2003 | Reston, United States | $189M | 418 | AI powered IT infrastructure and cloud monitoring platform | |
| netscout.com | 1985 | Westford, United States | $6M | 2,355 | Cloud-based visual tools for network performance management are provided. | |
| quest.com | 1987 | Aliso Viejo, United States | $11.5M | 1,975 | Cloud-based software for IT infrastructure monitoring is provided. | |
| kaseya.com | 2000 | Waltham, United States | $520.08M | 749 | Cloud based platform offering IT infrastructure monitoring software | |
| riverbed.com | 2002 | San Francisco, United States | $56.6M | 833 | Enterprise WAN optimization and application performance monitoring platforms are provided. | |
| logicmonitor.com | 2008 | Santa Barbara, United States | $952.5M | 346 | IT infrastructure monitoring is delivered via a cloud-based platform. | |
| microfocus.com | 1976 | Newbury, United Kingdom | $141M | 11,629 | IT infrastructure monitoring solutions are offered through a cloud-based platform. |
Detailed competitors of ConnectWise
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ConnectWise
Websites that share an audience with ConnectWise (continuum.net).
Websites whose visitors overlap most with ConnectWise. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| labtechsoftware.com | 100% | – | – | View details | |
| mspmentor.net | 77% | – | – | View details | |
netserve365.com | netserve365.com | 76% | – | – | – |
| levelplatforms.com | 73% | – | – | View details | |
| countertack.com | 72% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for ConnectWise
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Connectwise
Complete news archive for ConnectWise
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to ConnectWise
10 companies that operate in the same segment as ConnectWise (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about ConnectWise
ConnectWise was founded in 2005 and raised its 1st funding round 6 years after it was founded.
ConnectWise is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
The primary company behind ConnectWise, Continuum Managed Solutions Private Limited, reported revenue of ₹142 Cr for FY 2018, up 32% year on year.
IT management software and cybersecurity solutions are offered by ConnectWise for managed service providers (MSPs) and IT departments. Services are delivered across sectors like business management, unified monitoring, and data protection. Comprehensive platforms including PSA, RMM, and cloud backup are developed to enhance operational efficiency. Automation and integrations are utilized to streamline IT processes. A community for MSPs is supported through events and training programs. Solutions are tailored for client onboarding, service desk ticketing, and cyber remediation. Growth and profitability for IT professionals are facilitated through purpose-built tools.
ConnectWise's top competitors include Datadog, Quest Software and ScienceLogic.
ConnectWise offers ConnectWise PSA, ConnectWise RMM, ConnectWise Cybersecurity, and ConnectWise Cloud Backup.
ConnectWise has made 2 acquisitions, including BrightGauge, and R1Soft.
ConnectWise has 3 investors. Key investors include ConnectWise, Thoma Bravo, and Summit Partners.
ConnectWise operates through Continuum Managed Solutions Private Limited.
Yes. ConnectWise was acquired by ConnectWise in October 2019.