AppSense
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AppSense - overview
Established
1999
Location
New York, NY, US
Primary Industry
Software
About
AppSense provides integrated management solutions that optimize and secure user environments, enhancing IT service management and endpoint security across diverse industries. Founded in 1999, AppSense is headquartered in New York, US, and specializes in user environment management solutions. In March 2016, LANDesk Software, a portfolio company of Thoma Bravo, agreed to acquire AppSense for undisclosed financial terms, closing the deal in April 2016. The company has received a total of USD 70.
00 mn in funding, with the latest round being a Series A led by Goldman Sachs Merchant Banking Division in March 2016. AppSense, now integrated into Ivanti, specializes in management solutions designed to optimize and secure user environments across various industries. Their core offerings include a suite of enterprise service management tools that enhance IT service management, endpoint management, and security operations. The products are engineered to deliver improved user experiences for knowledge workers by ensuring they have access to the necessary resources and tools to perform their tasks effectively.
Key use cases addressed by AppSense’s solutions involve managing IT service delivery, optimizing asset management, and facilitating risk management in environments where endpoint security is critical. These solutions cater to a diverse client base, including sectors such as healthcare, education, government, and retail, and are deployed in key markets across North America, Europe, and Asia-Pacific. The revenue structure for AppSense revolves around a subscription-based model, where clients engage with the company through tiered service packages. These packages typically encompass core IT service management capabilities, endpoint security solutions, and advanced offerings that leverage automation and machine learning.
Transactions primarily occur in a B2B context, with organizations subscribing to services for a specified duration, often characterized by annual contracts. Specific details about pricing plans for individual products or services are structured to align with the scalability of clients' needs, with flagship products such as the Secure UEM Premium offering comprehensive endpoint management alongside integrated security solutions. The revenue model emphasizes long-term partnerships, focusing on delivering continuous value through ongoing support and product updates to enhance customer satisfaction and retention. AppSense's strategy for future growth includes the continued development of integrated management solutions tailored for evolving user environments.
The company aims to expand its reach into new markets, particularly targeting Asia-Pacific by 2025, leveraging its recent funding from the Series A round to support these initiatives. The capital will be allocated towards enhancing product features and launching new updates that cater to the specific needs of clients in diverse sectors.
Current Investors
Thoma Bravo, LANDesk Software Ltd.
Primary Industry
Software
Sub Industries
Content Management Software, Systems Management Software
Website
www.appsense.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
AppSense - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | AppSense | - |
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