I put up a short, “analyst note” on Boundary’s funding today, which 451 clients can read in full. Tracking from our last report on them in November 2013, they’ve increased both customer count and average deal size, so good for them.
I always found it hard to find the market sizing for “systems management delivered over public cloud” (or “IT Management as a Service”/ITMaaS) market when I was at Dell looking at that. Thankfully, we track ITMaaS at 451. As I put in the analyst note:
Boundary participates in the ITMaaS market, which was at $1.1bn in 2013 and growing at ~35% CAGR to $2.5bn in 2016, according to our Market Monitor service estimates.
IT ops startup Boundary raises $22m C round to expand R&D, sales and marketing (451 Reports)