Overview
Location
United States, Connecticut, West Haven
Total raised
$37.51M
Investors 1
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Jan 6, 2015 | Funding round | $3.51M |
Mentions in press and media 22
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jul 31, 2024 | Freshworks cuts losses by 14% in Q2; eyes $713 Mn revenue in CY24 | SaaS firm Freshworks registered a 5.5% growth quarter-on-quarter in the second quarter of the calendar year. Meanwhile, the company managed to narrow its losses by 13.7% during the same period. Freshworks operating revenue grew to $174.1 mi... |
| Jun 12, 2024 | Freshworks acquires Device42, enhancing IT asset management | Freshworks has recently announced the successful acquisition of Device42, a company known for providing detailed and continuously updated views of assets across an organisation’s IT infrastructure. This acquisition is an important developme... |
| May 3, 2024 | Freshworks nomeia novo CEO e anuncia aquisição por US$ 230 milhões | A Freshworks, empresa de softwares empresariais impulsionados por IA, acaba de anunciar a nomeação de Dennis Woodside como seu novo CEO, sucedendo ao fundador Girish Mathrubootham, que passará a ocupar o cargo de Presidente Executivo. A mud... |
| May 2, 2024 | Freshworks acquires Device42 for $230M, appoints Dennis Woodside as new CEO | Freshworks, the publicly listed SaaS firm, is acquiring U.S.-based startup Device42 for $230 million, the company disclosed in an SEC filing. Alongside the acquisition disclosure, Freshworks revealed that founder Girish Mathrubootham has st... |
| May 2, 2024 | Freshworks Buys Device42 For $230 Mn Amid Top-Level Rejigs | SUMMARY Freshworks said that the purchase price would be paid in the form of $215 Mn of cash and an equity rollover of $15 Mn This comes on the back of Freshworks posting a consolidated net loss of $23.3 Mn in the first quarter ended March ... |
| Mar 12, 2024 | The Top IT Asset Management Software Vendors According to the FeaturedCustomers Winter 2024 Customer Success Report | FeaturedCustomers releases the Winter 2024 IT Asset Management Software Customer Success Report. SUNRISE, FL, USA, March 12, 2024 /EINPresswire.com/ -- Today FeaturedCustomers published the Winter 2024 IT Asset Management Software Customer ... |
| May 10, 2023 | Device42 Launches Sustainability Insights To Help Enterprises Address their Sustainability Efforts and the Unprecedented Data Center Energy Cost Crisis | Sustainability Insights Accelerates Consolidation of Energy Intensive Data Center Resources Device42, the most comprehensive agentless hybrid IT discovery, inventory and asset management solution, launched their Sustainability Insights pack... |
| Apr 12, 2023 | Device42 tunes IT infrastructure tooling to measure carbon emissions | Device42, a startup that helps companies understand and manage their hybrid infrastructure, can see a lot of information about each customer’s hardware and software usage. The company decided to use that ability to look at how each part of ... |
| Jan 10, 2023 | Device42 Integration Fuels Atlassian Jira Service Management Cloud | Device42, the leader in IT asset discovery, inventory, and dependency mapping, announced that it has expanded its platform to support the complex needs of Atlassian’s Jira Service Management (JSM) Cloud Premium and Enterprise customers. Art... |
Show more
Reviews 0
FAQ about Device42
How much funding has Device42 raised?
Device42 has raised $37.51M in total across 2 funding rounds.
What funding rounds has Device42 raised?
Parsers VC lists 2 funding rounds of Device42, among them a funding round of $3.51M on Jan 6, 2015.
What has the press written about Device42?
Parsers VC has collected 22 articles mentioning Device42, among them “Freshworks cuts losses by 14% in Q2; eyes $713 Mn revenue in CY24” (Jul 31, 2024) and “Freshworks acquires Device42, enhancing IT asset management” (Jun 12, 2024).
Is Device42 still active?
Device42 is probably closed: its latest activity on Parsers VC dates from Oct 29, 2026.