Device42 revenue hit $4.7M in 2024

Device42 generates revenue from 1000 customers

Device42

West Haven, Connecticut, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Device42 hit $4.7M revenue and 1K customers in 2023.

Provider of a data center management and network management software designed to help companies to automatically maintain an up-to-date inventory of their IP-based devices and non-IP assets. The company's software provides customers with understanding and advanced visualization of their infrastructure and its inter-dependencies and centralizes data center knowledge into a single source of truth, enabling companies to make their IT ecosystems clearly visible, understandable and controllable.

Founded

2010

Founded

Revenue

$4.7M

2023 Revenue

YOY

17.8%

YOY

Funding

$38.5M

Funding

Device42 Revenue

In 2023, Device42 revenue run rate hit $4.7M in revenue.

  • 2023

    Device42 hit $4.7M in revenue in 2023

  • 2021

    Device42 hit $3.5M in revenue in 2021

  • 2010

    Device42 launched in 2010 with $0 revenue

Device42 Funding History

  • 2019

    Device42 raised a of in March, 2019

  • 2015

    Device42 raised a of in January, 2015

  • 2014

    Device42 raised a of in December, 2014

FUNDING DATE ROUND AMOUNT VALUATION
March, 06 2019
January, 06 2015
December, 18 2014

Team

Device42 has 127 total employees. They have 1,000 customers an engineering team of 3 and a marketing team of 1.

DISTRIBUTION QTY
Total team size 127
Engineer 3 (2%)
Marketing 1 (1%)

Founder / CEO

Raj Jalan

Raj Jalan, previously an IT consultant for numerous companies, recognized that many corporate data centers lacked the visibility and control they require to most effectively manage both planned and unplanned changes within their IT infrastructure. When Raj looked for DCIM tools to help, he found very expensive, non-integrated point solutions that simply didn’t deliver the functionality that data center managers require. This motivated him to start Device42. Today, as CEO, Raj’s experience and insight continue to fuel Device42’s technology innovation and corporate growth. When he’s not working, Raj enjoys running, photography, and board games — with “Settlers of Catan” being his favorite.

Q&A

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Customers

Churn

Device42 Executives

Name Position Working Email Personal Email
Raj Jalan CEO [email protected] -

Device42 Employees

Name Position Working Email Personal Email
Raj Jalan CEO [email protected] -

Frequently Asked Questions about Device42

  • When was Device42 founded?

    Device42 was founded in 2010.

  • How much revenue does Device42 generate?

    Device42 generates $4.7M in revenue.

  • Who is the CEO of Device42

    The CEO of Device42 is Raj Jalan.

  • How much funding does Device42 have?

    Device42 raised $38.5M.

  • How many employees does Device42 have?

    Device42 has 127 employees.

  • Where is Device42 headquarters?

    Device42 is headquartered at West Haven, Connecticut, United States

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