HEAT Software

Milpitas, United States Founded: 1989 • Age: 37 yrs Acquired By Clearlake Capital Group
Unified endpoint management and cloud service solutions are offered.

About HEAT Software

HEAT Software is a Technology company based in Milpitas (United States) founded in 1989, and was acquired by Clearlake Capital Group in February 2015. Unified endpoint management and cloud service solutions are offered. The company has 69 employees. Its Indian entity Ivanti Software India Private Limited reported revenue of β‚Ή30.6 Lakh. Its focus areas include Enterprise Infrastructure, IT Operations, ITSM and Service Desk. Its competitors include Carbon Black, Red Canary and Cyberhaven; 3 of its 3 listed competitors have raised funding.

Company details

HEAT Software (formerly FrontRange) provides Unified Endpoint Management (UEM) and Cloud Service Management (CSM) solutions to enterprises. Unified endpoint management comprises of endpoint management with modules like client, patch and software asset management; and Endpoint security with modules like threat management, vulnerability management, and data security. Supported platforms include desktop, laptop, virtual machines, servers and mobile devices. In 2015, Clearlake Capital Group acquired FrontRange and formed HEAT Software by merging FrontRange and Lumension Security, a company acquired in 2014.

Key Metrics
  • Indian entity revenue
    ₹30.6 Lakh

    FY 2023 · -89% YoY

  • Indian entity net profit
    ₹24.7 Lakh

    FY 2023 · 80% margin

  • Indian entity EBITDA
    ₹29.4 Lakh

    FY 2023 · 96% margin

  • Investors
  • Employee Count
    69
  • Acquired by
    Clearlake Capital Group

    & 1 more

    (Feb 2015)

Investors in HEAT Software

HEAT Software has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Francisco Partners and Clearlake Capital Group.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Lower and mid-market investments are managed through private equity strategies.
clearlake.comSanta Monica, United States
Private equity investment firm focused on technology sector
1999franciscopartners.comSan Francisco, United States
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Board of directors of Ivanti Software India Private Limited (HEAT Software)

Ivanti Software India Private Limited is the primary company behind HEAT Software. The board of Ivanti Software India Private Limited currently have 4 directors; the longest-serving is Dhaliati Nagaraj Rohini, appointed in 2019. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Dhaliati Nagaraj Rohini
DIN 08527064
Director02 Aug 20197 yrs 2 moIvanti Software India Private Limited
Jeffrey Scott Abbott
DIN 08735255
Director17 Apr 20206 yrs 6 moIvanti Software India Private Limited
Brooke Johnson
DIN 09540111
Director01 Feb 20224 yrs 8 moIvanti Software India Private Limited
Viswanathan Rajagopalan
DIN 09143939
IRP/RP/Liquidator18 Jul 20242 yrs 3 moIvanti Software India Private Limited

People of HEAT Software

28 people are tracked at HEAT Software (2 in leadership, 26 in team); the tracked headcount is 69.

NameRoleGroup
Janie Chung
Director Of Product ManagementLeadership
Steve Thurley
Managing Director - Asia PacificLeadership
Isabelle Novel (HEAT Software)
Marketing @ HEAT SoftwareTeam
Kamil Targosz
Quality Assurance LeadTeam
Justin Eubank
QA Engineer II - AutomationTeam
Scott Phillips
Technical LeadTeam
Simon Tsai
Senior Software Engineer - SaasTeam
Marie Apodaca
Technical AnalystTeam
Avi Appaduray
Solutions ArchitectTeam
Saurabh Kaushik
Software EngineerTeam
Robert Babak
Enteo Technical Engineer.Team
Fatima Nuche
Application DeveloperTeam
Stephane Verhaeghe
Application Development ManagerTeam
Brian Bundy
Sales ControllerTeam
Carole Strauss
Accounting Manager, Accounts ReceivableTeam
Rudi Berns
Interim Finance ManagerTeam
Adrian Wolff
General CounselTeam
Kevin Collins
Customer Care LeadTeam
Neil Thompson
Technical Lead ITAM Support GroupTeam
Eric Holland
Global Infrastructure Services ManagerTeam

8 more people are available in the full profile.

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Financials of HEAT Software

Figures of Ivanti Software India Private Limited, the primary company behind HEAT Software, for FY 2023. Revenue was ₹30.6 Lakh (-89% year on year). Net profit was ₹24.7 Lakh (80% margin). EBITDA was ₹29.4 Lakh (96% margin). Revenue has grown at a compounded annual rate of -75% over three years and -54% over five years.

  • ₹30.6 LakhRevenue · FY 2023 · -89% YoY
  • ₹24.7 LakhNet profit · 80% margin
  • ₹29.4 LakhEBITDA · 96% margin
  • ₹2.97 CrPaid-up capital
  • 69Employees (provident fund records)
  • -75%Revenue CAGR, 3 years
  • -54%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ivanti Software India Private Limited are on its company page.

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Timeline of HEAT Software

3 dated milestones of HEAT Software across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded HEAT Software is founded.
  2. Exit Acquired by Francisco Partners.
  3. Exit Acquired by Clearlake Capital Group.

Competitors of HEAT Software

HEAT Software has 3 listed competitors in our database, 3 of them funded. They include Carbon Black, Red Canary and Cyberhaven.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
carbonblack.com2002San Antonio, United States$58.33M
Cloud endpoint protection platform
redcanary.com2014Denver, United States$134.99M395
Cloud-based endpoint threat detection & response using behavioral and binary analytics
cyberhaven.com2016Boston, United States$236M51
Data loss prevention solutions are offered through behavior analytics.
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Top companies in IT Services & Operations

3 companies that operate in the same segment as HEAT Software (IT Services & Operations) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M4,473
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
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Frequently Asked Questions about HEAT Software

HEAT Software was founded in 1989.

HEAT Software is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.

HEAT Software has 69 employees.

The primary company behind HEAT Software, Ivanti Software India Private Limited, reported revenue of β‚Ή30.6 Lakh for FY 2023, down 89% year on year.

HEAT Software (formerly FrontRange) provides Unified Endpoint Management (UEM) and Cloud Service Management (CSM) solutions to enterprises. Unified endpoint management comprises of endpoint management with modules like client, patch and software asset management; and Endpoint security with modules like threat management, vulnerability management, and data security. Supported platforms include desktop, laptop, virtual machines, servers and mobile devices. In 2015, Clearlake Capital Group acquired FrontRange and formed HEAT Software by merging FrontRange and Lumension Security, a company acquired in 2014.

HEAT Software's top competitors include Red Canary, Cyberhaven and Carbon Black.

HEAT Software has 2 investors. Key investors include Francisco Partners, and Clearlake Capital Group.

HEAT Software operates through Ivanti Software India Private Limited.

Yes. HEAT Software was acquired by Clearlake Capital Group in February 2015.

The legal entities of HEAT Software currently have 4 directors, including Dhaliati Nagaraj Rohini, Jeffrey Scott Abbott, Viswanathan Rajagopalan and others.

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