About Driven
Driven is a Technology company based in San Francisco (United States) founded in 2008, and was acquired by Xplenty in December 2016. Cloud-based APM for Hadoop Big Data applications is delivered. Driven has raised $24.9 million across 4 funding rounds from investors including Xplenty, True Ventures and Rembrandt Partners. Its focus areas include Enterprise Infrastructure, Big Data Infrastructure, Big Data Application Development and Application Performance Management. Its competitors include Datadog, Honeycomb and AppNeta; 2 of its 3 listed competitors have raised funding.
Company details
Driven is a cloud based APM tool for Hadoop Big Data applications. Driven provides insights segment wise - teams, time period, cluster, application name etc. Shows the entire data pipeline, real-time performance and comparison with past performance, allows collaboration of teams to quickly resolve issue. Provides application metadata along with business and operational context which is helpful in improving design and processes. Previously known as Concurrent.
Funding Insights of Driven
Driven has successfully raised a total of $24.9M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $24.9M
- Total Rounds 4
- Last Round Series B — $10M
- First Round $900,000
(Apr 2011)
- Investors Count 3
All 4 funding rounds of Driven 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 |
|---|---|---|---|---|---|
| Jun 2014 | $10M | Series B | – | – | |
| Jun 2014 | $10M | Series B | – | – | |
| Mar 2013 | $4M | Series A | – | – | |
| Apr 2011 | $900,000 | Seed | – | – |
4 investors in total: 4 institutional.
Investors in Driven
Driven has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Xplenty, True Ventures and Rembrandt Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm supporting AI founders through investments and community. | trueventures.com | |||
US focused venture capital firm | rembrandtvc.com | Menlo Park, United States | ||
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
Provider of data integration as a service on Hadoop | 2012 | xplenty.com | Tel Aviv, Israel |
Investor details for Driven
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Driven
4 dated milestones of Driven across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Driven is founded.
- Funding First funding round of $900K.
- Funding Latest funding round, Series B, of $10.0M.
- Exit Acquired by Xplenty.
Competitors of Driven
Driven has 3 listed competitors in our database, 2 of them funded. They include Datadog, Honeycomb and AppNeta.
| 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. | |
| honeycomb.be | 2016 | Dallas, United States | Honeycomb is focused on transforming building operations through technology. | |||
| appneta.com | 2000 | South Boston, United States | $55.8M | 68 | Full stack network and application performance monitoring solutions are provided. |
Detailed competitors of Driven
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.
Top companies in IT Services & Operations
3 companies that operate in the same segment as Driven (IT Services & Operations) in United States, 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 | 4,473 | |
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 |
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Frequently Asked Questions about Driven
Driven was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Driven is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Driven is a funded company, having raised a total of $24.9M across 4 funding rounds to date. The company's 1st funding round was a Seed of $900K, raised on Apr 2011.
Driven is a cloud based APM tool for Hadoop Big Data applications. Driven provides insights segment wise - teams, time period, cluster, application name etc. Shows the entire data pipeline, real-time performance and comparison with past performance, allows collaboration of teams to quickly resolve issue. Provides application metadata along with business and operational context which is helpful in improving design and processes. Previously known as Concurrent.
Driven has 4 investors. Key investors include Xplenty, True Ventures, Rembrandt Partners, and Bain Capital Ventures.
Yes. Driven was acquired by Xplenty in December 2016.