About Tonic Software
Tonic Software is a company based in Austin (United States) founded in 1999 was acquired by Altiris in January 2004. Tonic Software has raised $37.14 million across 3 funding rounds from investors including Dell Technologies, Altiris and Scale Venture Partners. Tonic Software has completed 1 acquisition, including Appliant.com. Tonic Software operates in a competitive market with competitors including AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others.
- Headquarter Austin, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$37.14 M (USD)
in 3 rounds
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Latest Funding Round
$4.14 M (USD), Series B
Jan 22, 2004
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Investors
Dell Technologies
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Altiris
(Jan 05, 2004)
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Funding Insights of Tonic Software
Tonic Software has successfully raised a total of $37.14M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $4.14 million completed in January 2004. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $4.1M
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First Round
First Round
(01 Jan 2000)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2004 | Amount | Series B - Tonic Software | Valuation |
investors |
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| Nov, 2000 | Amount | Series B - Tonic Software | Valuation |
investors |
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| Jan, 2000 | Amount | Series A - Tonic Software | Valuation |
investors |
Investors in Tonic Software
Tonic Software has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Dell Technologies, Altiris and Scale Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital investments are focused on US companies.
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Founded Year | Domain | Location | |
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Early-stage US investments in technology and offline sectors are targeted.
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Founded Year | Domain | Location | |
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Cybersecurity solutions and IT transformations are provided by Dell Technologies.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tonic Software
Tonic Software has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Appliant.com.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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End-user monitoring for web applications is provided by Appliant.com.
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1997 |
Financial Statements - Tonic Software
Tonic Software Comparisons
Competitors of Tonic Software
Tonic Software 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 AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Mobile apps and IoT solutions are developed across platforms.
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| domain | founded_year | HQ Location |
Offshore enterprise application development and IT consulting services are provided.
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Latest news on Tonic Software
Frequently Asked Questions about Tonic Software
Tonic Software was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Tonic Software is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Tonic Software is a funded company, having raised a total of $37.14M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jan 01, 2000.
Tonic Software was founded in 1999 and is based in Austin, United States. Software for web application management is developed to detect and address problems before they disrupt end users or business functions. Root cause analysis is conducted, and errors are corrected via automation of client business processes. Operations focus on the software sector, with services centered on preventive maintenance and issue resolution for web-based systems.
Tonic Software's top competitors include Hedgehog lab, AlmavivA and AKQA.
Tonic Software has made 1 acquisition, including Appliant.com.
Tonic Software has 4 investors. Key investors include Dell Technologies, Altiris, Scale Venture Partners, and Sevin Rosen.