Evolven

IT Environment Change Analytics

Business Software
Non Active, Oct 2019 ceased to operate

Company Overview

Snapshot

Founded in March 2007 by Sasha Gilenson, Evolven operated with 11–50 employees. The company secured funding across one round from Pitango VC and Index Ventures. A notable milestone for Evolven was being named a Cool Vendor in IT Operations Management by the Gartner Research Group in April 2013.

Business overview

Evolven developed Blended Analytics, an IT operations analytics solution designed to correlate and analyze cross-silo data sources. Its core technology leverages machine learning, anomaly detection, and domain-specific heuristics to convert data from various IT systems, including performance, log, network, deployment automation, service desk, and CMDB, into actionable insights. This enables IT teams to reduce mean time to resolution, decrease incidents, and improve DevOps and audit processes. Evolven primarily serves the Business Software sector, targeting enterprises with its B2B model.

Strategic signal

In July 2019, Evolven was granted a new U.S. patent for its Change Grouping Analytics Technology in IT Environments. This patent underscored the company's innovation in IT operations analytics, validating its proprietary approach to identifying and grouping changes that impact IT performance and availability. For investors, this signaled a strengthening of Evolven's intellectual property and a potential for sustained competitive advantage in the IT management software market.

Company Intelligence Q&A

What is Evolven's primary offering?
Evolven develops Blended Analytics, an IT operations analytics solution that correlates and analyzes cross-silo data sources to deliver insights to IT teams.
When was Evolven recognized by Gartner?
In April 2013, Evolven was named a Cool Vendor in IT Operations Management by the Gartner Research Group.
What patent did Evolven receive in 2019?
In July 2019, Evolven was granted a new U.S. patent for its Change Grouping Analytics Technology in IT Environments.
Which companies did Evolven partner with?
In March 2018, Evolven joined the CA Technologies Partner Program to transform performance management with change analytics. In May 2013, Evolven also integrated with ServiceNow.
When was Evolven founded and by whom?
Evolven was founded in March 2007 by Sasha Gilenson.

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