Tonic Software

Austin, United States Founded: 1999 • Age: 27 yrs Acquired By Altiris
Web application management services
Annual revenue - Latest available
Total funding $37.1M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $37.14 M (USD)

    in 3 rounds

  • Latest Funding Round
    $4.14 M (USD), Series B

    Jan 22, 2004

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • 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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture capital investments are focused on US companies.
Locked Locked Locked
Early-stage US investments in technology and offline sectors are targeted.
Locked Locked Locked
Cybersecurity solutions and IT transformations are provided by Dell Technologies.
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Investor details for Tonic Software

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  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Tonic Software

Tonic Software has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Appliant.com.

Investments
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Investment portfolio details for Tonic Software

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Acquisitions
Company Name Description Domain Location Founded Year Amount
End-user monitoring for web applications is provided by Appliant.com.
Locked Locked 1997 Locked
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Complete acquisition details for Tonic Software

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  • Domains and locations

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Financial Statements - Tonic Software

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Detailed financials for Tonic Software

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Tonic Software Comparisons

Tonic Software Primary company
Description
Web application management services
Location
Austin, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Tonic Software

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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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Integrated digital marketing campaigns are developed and executed across channels.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Mobile apps and IoT solutions are developed across platforms.
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Offshore enterprise application development and IT consulting services are provided.
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Detailed competitors of Tonic Software

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Latest news on Tonic Software

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Complete news archive for Tonic Software

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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.

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.

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