About RapidEngines
RapidEngines is a Technology company based in Minneapolis (United States) founded in 2010, and was acquired by SevOne in April 2014. It operates as an analytics on application logs are delivered through a specialized platform. RapidEngines has raised $1.38 million across 2 funding rounds from investors including SevOne. Its focus areas include Enterprise Infrastructure, IT Operations, ITOM and Log Management. Its competitors include Logz.io, LogPoint, Zebrium, Mezmo and Axiom and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
RapidEngines provided a platform for providing analytics on logs obtained from the infrastructure of applications. The platform was capable of collecting the logs from various sources such as servers, databases and networks, organize them and provide an analysis of the machine behavior. The company was acquired by SevOne in April 2014 to enhance the capabilities of the application performance monitoring platform offered by SevOne. This acquisition was primarily financed by the 150 M funding received by SevOne from Bain Capital in 2013.
- Headquarters Minneapolis, United States
- Stage Acquired
- SectorsTechnology
- Website rapidengines.com
- Social LinkedIn X
- Acquired by SevOne (Apr 2014)
Funding Insights of RapidEngines
RapidEngines has successfully raised a total of $1.38M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $250 thousand completed in June 2012. 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 $1.38M
- Total Rounds 2
- Last Round Series A — $250,000
- First Round $1.13M
(Jan 2011)
All 2 funding rounds of RapidEngines 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 2012 | $250,000 | Series A | – | – | – |
| Jan 2011 | $1.13M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in RapidEngines
RapidEngines has secured backing from 1 investor. Prominent investors backing the company include SevOne.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Network performance is monitored and managed via real-time solutions. | 2005 | sevone.com | Boston, United States |
Investor details for RapidEngines
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.
Timeline of RapidEngines
4 dated milestones of RapidEngines across 4 years, from founding to its latest funding, stage changes and deals.
- Founded RapidEngines is founded.
- Funding First funding round of $1.1M.
- Funding Latest funding round, Series A, of $250K.
- Exit Acquired by SevOne.
Competitors of RapidEngines
RapidEngines has 10 listed competitors in our database, 10 of them funded. They include Logz.io, LogPoint, Zebrium, Mezmo and Axiom, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| logz.io | 2014 | Tel Aviv, Israel | $123.2M | – | Cloud-based log management and infrastructure monitoring are offered. | |
| logpoint.com | 2001 | Copenhagen, Denmark | $48.71M | – | Cloud based log management software provider | |
| zebrium.com | 2014 | Santa Clara, United States | $7.31M | – | AI based platform offering log management solutions | |
| mezmo.com | 2015 | San Jose, United States | $108.43M | 127 | Platform offering log analyzer software | |
| axiom.co | 2010 | San Francisco, United States | $41.44M | – | A cloud-based platform for application deployment and management is provided. | |
| graylog.org | 2009 | Houston, United States | $37.75M | 67 | Centralized log management for enterprises is provided. | |
| betterstack.com | 2021 | Prague, Czech Republic | $28.6M | – | A platform for log monitoring and management solutions is provided. | |
| loglogic.com | 2002 | San Jose, United States | $27.8M | 174 | SIEM and log management company | |
| chaossearch.io | 2017 | Boston, United States | $50M | 41 | AI powered analytical data processing platform | |
| codenotary.com | 2018 | Houston, United States | $29.5M | – | DevOps security platform is provided for notarizing code and containers. |
Detailed competitors of RapidEngines
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
10 companies that operate in the same segment as RapidEngines (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 | 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 | |
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 | – | 1,898 | |
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 | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
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 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about RapidEngines
RapidEngines was founded in 2010 and raised its 1st funding round 1 year after it was founded.
RapidEngines is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
RapidEngines is a funded company, having raised a total of $1.38M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.13M, raised on Jan 2011.
RapidEngines provided a platform for providing analytics on logs obtained from the infrastructure of applications. The platform was capable of collecting the logs from various sources such as servers, databases and networks, organize them and provide an analysis of the machine behavior. The company was acquired by SevOne in April 2014 to enhance the capabilities of the application performance monitoring platform offered by SevOne. This acquisition was primarily financed by the 150 M funding received by SevOne from Bain Capital in 2013.
RapidEngines has 1 investor. Key investors include SevOne.
Yes. RapidEngines was acquired by SevOne in April 2014.