Fast-growing SevOne gets patent for elements of its data monitoring technology

Vess Bakalov
Vess Bakalov

SevOne has been awarded a patent for the technology for elements of its SevOne Cluster Architecture.

The patent gives SevOne the intellectual property rights to technology providing visibility into network and data center performance.

SevOne, based in the Pike Creek area near Wilmington, focuses on tools that monitor the health of information technology systems and equipment.

According to SevOne, each new appliance added to the cluster is capable of monitoring and reporting back on any portion of the associated infrastructure. In a SevOne cluster, when one appliance is queried, the entire performance management system is used to monitor and report on activity. As a company’s infrastructure grows, managers can continue to expand monitoring capabilities by adding on new appliances with no loss of speed in reporting.

“IT infrastructure is becoming increasingly complex at the same time that it’s supporting ever-more critical business functions,” said SevOne Chief Technology officer and co-founder Vess Bakalov.

A University of Delaware graduate who came to the United States from Bulgaria, Bakalov worked in the regional bank industry. He helped to form the company after seeing the need for better monitoring technology.

The company had operations at the Delaware Technology Park, operated by UD until it moved to the Pike Creek site a few years ago.

“The SevOne technology enables companies to keep pace with this evolution by offering a scalable system for monitoring end-to-end performance. Our newly-awarded patent confirms the unique nature of the Cluster Architecture, while our customers prove its effectiveness through tremendous market uptake around the globe.”

SevOne customers include many of the world’s largest financial institutions, cable and telecom operators, managed service providers, and pharmaceutical companies. Several customers including Comcast, each currently poll more than four million individual objects while storing and reporting against 12 months of raw performance data. The company, according to a report on the Forbes website,  has been growing at the rate of 80 percent a year.

It received a $150 million investment from Bain Capital in early 2013. SevOne hopes to move its technology into mid-market companies where it will battle companies like HP and IBM.

Published reports listed the company’s  employment  at 141, with plans for that number to increase to 200.

SevOne ranked 191 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

CEO is Jack Sweeney, who came to the company last summer from Bain.

The United States Patent and Trademark Office issued its notice with regard to Patent Application No.: 12/260,757.

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