Infoblox Explained

Infoblox, Inc.
Type:Private
Traded As:
(2012–2016)
Industry:Computer networking
Foundation: in Chicago, Illinois, U.S.
Founder:Stuart Bailey[1]
Location:Santa Clara, California, U.S.
Key People:Scott Harrel
(President & CEO)
Num Employees:1,000+ (2019)[2]

Infoblox, is a privately held IT automation and security company based in California's Silicon Valley. The company focuses on managing and identifying devices connected to networks—specifically for the Domain Name System (DNS), Dynamic Host Configuration Protocol (DHCP), and IP address management[3] (collectively, "DDI"). According to Gartner, Infoblox held a 49.9% market share of the $533 million enterprise DDI market in 2015. In June 2016, market research company IDC reported that Infoblox held a sizeable market share in DNS, DHCP, and IP address management.[4]

History

Infoblox was founded in 1999 in Chicago, Illinois, by University of Illinois student Stuart Bailey.[5] The company moved to Santa Clara, California, in 2003.

In 2007, Infoblox acquired French startup lpanto, which led to the development of IPAM Win Connect appliances.[6] In 2010, Infoblox acquired Net Cordia which provided technologies for network task automation.[7] Later in the same year, the company integrated Infoblox IP address management technology with Net Cordia's network configuration and change management technologies.[8] As virtualization and cloud computing became increasingly prevalent in data centers, automation was marketed using the term distributed virtual infrastructure.[9] The company added DNS security products,[10] [11] and it also supplied hardware appliances to host its software.[12] Infoblox joined commercial and government groups,[13] [14] [15] and independent research,[16] and made Tapestry, its open-source software

Network management became increasingly crucial,[17] after a sharp rise in computer crime, especially attacks that exploit DNS servers, such as DNS spoofing and distributed denial-of-service attacks. In 2012, 7.8 million new malware threats emerged.[18] Mobile threats grew by 1,000 percent, and 865 successful breaches compromised 174 million records.[19] DNS servers in particular are vulnerable to hacking, and often used in destructive attacks such as the Syrian Electronic Army (SEA) attack that hit The New York Times and Twitter in 2013.[20] [21] In December 2013, it estimated 6,000 customers,[17] which included government organizations as well as businesses.[22] [23]

In February 2016, the company acquired IID, a cyberthreat intelligence company.[24] On September 19, 2016, Vista Equity Partners announced intent to purchase Infoblox for approximately $1.6 billion.[25] The acquisition closed in November.[26] In June 2017, Infoblox announced an expansion to its office in Tacoma, Washington, which focuses on cybersecurity research, threat intelligence and engineering. In 2019, Infoblox introduced new updates to its Network Identity Operating System (NIOS) platform, including support for Google Cloud Platform and the option for single sign-on.[27] In December 2019, Infoblox was included in the list for the Top 25 Cybersecurity Companies of 2019 by The Software Report.[28]

On September 8, 2020, Infoblox announced a significant investment from Warburg Pincus.[29] after necessary approvals, the investment closed on December 1, 2020, with Vista Equity Partners and Warburg Pincus holding 50% ownership in Infoblox.[30] [31]

On January 11, 2023, Infoblox appointed Scott Harrell as CEO and President.[32]

Financial results

Infoblox received $80 million in five rounds of financing (2000, 2001, 2003, 2004 and 2005). The company's main investor was Sequoia Capital.[12] The company had their initial public offering on April 20, 2012. Shares were listed on the New York Stock Exchange under the symbol BLOX.The stock price advanced 40 percent in the first day of trading.[33] After adding 250 employees that year, Infoblox moved to Santa Clara.[34] Earnings leading up through Q4 2013 showed financial as well as physical growth. Total net revenue for the fourth quarter of fiscal year 2013 was $63.1 million, an increase of 40 percent on a year-over-year basis. Total net revenue for fiscal 2013 was a record $225.0 million, an increase of 33 percent compared with the total net revenue of $169.2 million in fiscal 2012.[35] First quarter results for 2014 fell short of expectations, showing a drop share price.[36]

By 2015, the Infoblox market share in DDI jumped to 49.9 percent in 2015 from 46.7 percent in 2014, and the overall DDI market grew 18.3 percent in the same period to $533 million. No other competitor had a market share greater than 15 percent.

Products

Infoblox products, platforms and network services include:

Notes and References

  1. News: Network gear maker Infoblox warns on second quarter; shares slide . November 26, 2013 . Reuters.
  2. https://www.macroaxis.com/invest/ratio/BLOX--Number-of-Employees "Infoblox Number of Employees," Macroaxis
  3. News: InfoBlox targets corporate IP services . Network World . November 3, 2003 . Carolyn Duffy Marsan . January 16, 2017 .
  4. Web site: Worldwide DDI Software and Appliance Market Shares, 2015 .
  5. Web site: Form S-1 (Amended) Registration of Securities . US Securities and Exchange Commission . October 1, 2012 . January 16, 2017 .
  6. News: Network yellow pages wrapped into an appliance. 2017-10-17. en.
  7. http://www.informationweek.com/infrastructure/management/infoblox-acquires-netcordia/224700777 "Infoblox Acquires Netcordia,” InformationWeek, May 5, 2010
  8. http://www.businesswire.com/news/home/20101005006402/en/Infoblox-Announces-World%E2%80%99s-Integration-IP-Address-Management "Infoblox Announces World's First Integration Between IP Address Management and Network Change and Configuration Management," Businesswire
  9. ”Infoblox Debuts Network Infrastructure Automation Tools,” channelinsider, May 13, 2011, retrieved 10/27/13.
  10. "Infoblox Expands Security Offerings to Help Protect Against DNS Security Threats and BYOD Risks,” MarketWatch, June 10, 2013, retrieved 11/27/13.URL
  11. http://www.marketwatch.com/story/infoblox-introduces-a-new-defense-against-advanced-persistent-threats-2013-10-30 ”Infobox Introduces a New Defense Against Advanced Persistent Threats,” MarketWatch, October 30, 2013
  12. http://www.networkworld.com/newsletters/2003/1103isp1.html “Infoblox targets corporate IP services,” NetworkWorld, November 3, 2003
  13. http://www.trustedcomputinggroup.org/about_tcg/tcg_members Trusted Computing Group Members list,(contributors)
  14. http://www.businesswire.com/news/home/20101214006084/en "Infoblox Joins PCI Security Standards Council as Newest Participating Organization," BusinessWire
  15. http://www.commoncriteriaportal.org/products/ Common Criteria Certified Companies list
  16. http://www.fierceenterprisecommunications.com/story/how-complex-your-network/2013-11-11 "How complex is your network?,” Fierce Enterprise Communications, November 11, 2013
  17. http://beta.fool.com/thearchivist/2013/04/15/importance-of-network-persistence-plays-to-infoblo/30028/ "The Importance of Network Persistence Plays to Infoblox’s Strengths,” Motley Fool, April 15, 2013
  18. http://www.mcafee.com/us/resources/reports/rp-quarterly-threat-q3-2012.pdf ”McAfee Threats Report: Third Quarter 2012"
  19. https://www.wired.com/images_blogs/threatlevel/2012/03/Verizon-Data-Breach-Report-2012.pdf ”2012 Data Breach Investigations Report," Verizon, March 2012
  20. https://www.zdnet.com/article/half-of-dns-servers-vulnerable-to-attack/ "Half of DNS servers vulnerable to attack,” ZDNet, November 20, 2007
  21. https://www.theguardian.com/technology/2013/aug/28/twitter-newyorktimes-hack-syrian-electronic-army "Twitter and New York Times still patchy as registrar admits SEA attack," The Guardian, August 28, 2013
  22. http://www.gsnmagazine.com/node/22930 ”Infoblox NetMRI diagnoses root cause of U.S. Army’s network problems,” Government Security News, April 8, 2011
  23. http://www.commsolutions.com/blog/press-releases/infoblox-earns-approval-for-2-25-billion-federal-e-rate-program/ ”Infoblox Earns Approval For $2.25 Billion Federal E-Rate Program,” CommSolutions
  24. News: Infoblox Acquires IID for $45M to Bolster Network Security. eWEEK. 2017-10-17. en-US.
  25. Web site: Hedge Funds Starboard Value And Hound Partners Score In Vista Equity's Infoblox Buyout. Antoine Gara. September 19, 2016. Forbes. January 16, 2017.
  26. News: More hiring coming in Tacoma at Infoblox — 30 positions open now. Martin. Kate. June 15, 2017. The News Tribune. October 14, 2017. en-US.
  27. Web site: Infoblox Now Supports Google Cloud and Single Sign-On in Latest Version of NIOS. 2019-03-05. www.prnewswire.com. en. 2019-11-20.
  28. Web site: The Top 25 Cybersecurity Companies of 2019 The Software Report. admin. 10 December 2019 . en-US. 2020-03-17.
  29. Inc. Infoblox. Infoblox Announces Investment from Warburg Pincus. 2021-01-09. www.prnewswire.com. en.
  30. Inc. Infoblox. Warburg Pincus and Vista Equity Partners Close Infoblox Transaction. 2021-01-09. www.prnewswire.com. en.
  31. Web site: https://www.fitchratings.com/research/corporate-finance/fitch-downgrades-infoblox-to-b-from-b-on-vista-stake-sale-outlook-stable-28-09-2020. 2021-01-09. www.fitchratings.com.
  32. Web site: Infoblox Appoints Scott Harrell to CEO . Infoblox website . 11 January 2023 . Infoblox . 11 January 2023.
  33. News: Santa Clara software company Infoblox jumps higher in IPO . San Jose Mercury News . April 20, 2012 . Jeremy C. Owens and Peter Delevett . January 13, 2017 .
  34. http://www.marinij.com/digitalfirstmedia/ci_24552079/bay-area-commercial-real-estate-boom-track-record "Bay Area commercial real estate boom on track for record year,” Beyond Marin, November 18, 2013
  35. https://archive.today/20140110222855/http://www.businessweek.com/ap/2013-09-05/infoblox-moves-to-profit-on-stronger-sales “Infoblox moves to profit on stronger sales," Bloomsberg BusinessWeek News, September 5, 2013
  36. http://news.investors.com/technology/112713-680860-infoblox-stocks-falls-revenue-guidance-below-expectations.htm "Infoblox Sinks on Outlook, but No 'Smoking Gun,'"Investors.com, November 27, 2013
  37. News: Infoblox to demo Actionable Network Intelligence Platform Tahawul Tech. 2017-09-24. Tahawul Tech. 2017-10-17. en-GB.
  38. News: Infoblox (BLOX) & The Competition Critical Review. Wilson. Nicole. 2017-10-17. The Ledger Gazette. 2017-10-17. en-US.

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