Kaseya

American software company based in Miami, Florida
  • Fred Voccola (CEO)
  • Joe Smolarski (president/Chief Customer Officer)[1]
  • Ryan Courson (COO & CFO)[2]
ProductsNetwork monitoring
System monitoringRevenueIncrease US$1.3 billion (2022)OwnerInsight Partners (majority owner)Websitewww.kaseya.com

Kaseya Limited (/kəˈseɪ.ə/ kə-SAY-ə) is a global company headquartered in Miami that develops AI-powered software for cybersecurity, network monitoring, system monitoring, and other information technology applications. It is majority-owned by Insight Partners and maintains  the naming rights to the Kaseya Center. The name of the company means "protect and defend" in the Sioux language.[3] The company was estimated to be valued at $12 billion in April 2023.[4]

History

Kaseya was founded in 2000 in California by Mark Sutherland and Paul Wong, who previously worked together on a project for the National Security Agency.[5]

In 2003, Gerald Blackie joined the company as its CEO.[6]

In June 2013, Insight Partners acquired control of the company and Yogesh Gupta became CEO.[7]

In July 2015, Fred Voccola was named CEO of the company.[8]

In 2018, the company moved its headquarters from Boston to Brickell, Miami.[9]

Also in 2018, the company's remote tool was infiltrated, and hackers were able to commandeer affected computers to mine cryptocurrency.[5]

In July 2021, the Kaseya VSA ransomware attack, perpetrated by REvil, led to downtime for 60 customers and over 1,500 downstream businesses.[5][10][11]

In April 2023, the company acquired the naming rights to the Kaseya Center in a 17-year, $117.4 million agreement.[12] According to the agreement, the funds will be allocated to Miami-Dade County’s Peace and Prosperity Plan.[13]

In April 2024, Kaseya introduced Kaseya 365, a subscription service providing security and management tools.[14]

Acquisitions

# Year Company Notes Ref(s).
1 May 2011 Intellipool AB Network performance monitoring company [15]
2 July 2013 Rover Apps Work-related security for personal devices [16]
3 October 2013 365 Command Microsoft 365 administration [17]
4 February 2016 Vorex Professional services automation [18]
5 June 2018 Unitrends Data protection technology [19]
6 September 2018 RapidFire Tools IT assessment and compliance software [20]
7 October 2018 Spanning Cloud Apps SaaS Data Protection [21]
8 December 2018 IT Glue Documentation technology [22]
9 August 2020 Graphus Phishing defense [23]
10 February 2021 RocketCyber Security operations center [24]
11 June 2022 Datto Backup and disaster recovery; $6.2 billion price [25]
12 October 2022 ConnectBooster Account receivables automation [26]
13 April 2023 Vonahi Security Automated network penetration testing [27]

References

  1. ^ https://mspsuccess.com/2024/02/kaseyas-new-president-is-focused-on-driving-growth-for-msp-partners/
  2. ^ https://www.channele2e.com/news/channel-brief-kaseya-adds-new-leader-to-c-suite
  3. ^ Walker, Heather (April 10, 2023). "What Does Kaseya Mean? Heat Arena Officially Has a New Name". WTVJ.
  4. ^ "After FTX meltdown, county has $117 million solution in Kaseya Center as Heat's home". Miami Herald. April 4, 2023.
  5. ^ a b c O’BRIEN, MATT (July 13, 2021). "Firm hacked to spread ransomware had previous security flaws". Associated Press.
  6. ^ BURKE, STEVEN (May 21, 2013). "50 Cool Tools For Solution Providers". CRN.
  7. ^ Tontsi, Phumeza (June 27, 2013). "Insight Venture Partners makes investment in Kaseya". ITWeb.
  8. ^ "Kaseya Names New CEO, Fred Voccola to Drive Company's Rapid Growth Phase" (Press release). Marketwired. July 7, 2015.
  9. ^ Correa, Monica (February 28, 2023). "Brickell-based Kaseya gets incentive to add 3,400 IT jobs". Miami Today.
  10. ^ Wile, Rob; Wilner, Michael (July 6, 2021). "One of Miami's oldest tech firms is at the center of a global ransomware computer hack". Miami Herald. Archived from the original on October 6, 2021.
  11. ^ Osborne, Charlie (July 23, 2021). "Updated Kaseya ransomware attack FAQ: What we know now". ZDNet.
  12. ^ "Heat arena, formerly FTX, renamed Kaseya Center on 17-year deal". ESPN. April 4, 2023.
  13. ^ "Miami-Dade County - District 03 - News Release". www.miamidade.gov. Retrieved 2024-09-15.
  14. ^ Frye, Colleen (2024-08-30). "Kaseya 365: Can't Afford Not To—Or Too Good To Be True?". MSP Success. Retrieved 2024-09-15.
  15. ^ "Kaseya to Acquire Intellipool AB" (Press release). Business Wire. May 2, 2011.
  16. ^ "Kaseya Acquires Rover Apps" (Press release). GlobeNewswire. July 16, 2013.
  17. ^ "Insight Venture-Backed Kaseya Buys 365 Command". The Wall Street Journal. October 24, 2013.
  18. ^ Panettieri, Joe (2016-02-09). "Kaseya Buys Vorex; Launches PSA Price War -". ChannelE2E. Retrieved 2024-08-31.
  19. ^ KOVAR, JOSEPH F. (May 3, 2018). "Kaseya Acquires Unitrends, Integrates Data Protection To IT Management Platform". CRN.
  20. ^ Ltd, Kaseya International (2018-09-05). "Kaseya Acquires Leading IT Assessment and Compliance Software Provider RapidFire Tools to Offer Greater IT Security to Global Customers". GlobeNewswire News Room (in French). Retrieved 2024-08-31.
  21. ^ Ltd, Kaseya International (2018-10-01). "Kaseya Strengthens Backup and Recovery for SaaS Applications with Acquisition of Spanning Cloud Apps, the Industry Leader in SaaS Data Protection". GlobeNewswire News Room. Retrieved 2024-08-31.
  22. ^ Ltd, Kaseya International (2018-12-19). "Kaseya Acquires IT Glue, World's Fastest Growing IT Documentation Platform". GlobeNewswire News Room. Retrieved 2024-09-15.
  23. ^ NOVINSON, MICHAEL (August 24, 2020). "Kaseya Buys Graphus To Make Phishing Defense Easy For MSPs". CRN.
  24. ^ "Kaseya Supercharges IT Complete Security Suite with the Acquisition of RocketCyber" (Press release). GlobeNewswire. February 23, 2021.
  25. ^ FAIRFIELD, C.J. (June 23, 2022). "It's Official: Kaseya Completes Datto Acquisition". CRN.
  26. ^ "Kaseya Makes Billing Painless for its MSP Customers Through ConnectBooster Integration" (Press release). PRWeb. October 5, 2022.
  27. ^ "Kaseya Acquires Vonahi Security to Revolutionize Cybersecurity with Automated Network Penetration Testing" (Press release). WXIN. April 25, 2023.
  • Official website