IntervalZero, Inc.

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IntervalZero, Inc. - overview

Established

1980

Location

Waltham, MA, US

Primary Industry

Software

About

IntervalZero, Inc. develops advanced real-time software solutions for industrial control systems, focusing on integration with Cloud and AI technologies to enhance operational efficiency across various sectors. Founded in 1980, IntervalZero, Inc. specializes in real-time software solutions that cater to industrial automation and control systems.


The company is headquartered in Waltham, US. Jeffrey Hibbard currently serves as the CEO. IntervalZero has engaged in two notable deals, including an acquisition by Advent International, with financial terms undisclosed. IntervalZero specializes in PC-based real-time software solutions designed for various industrial control systems, focusing on the shift towards Cloud-connected and AI-enabled technologies.


The company's core offerings include RTX64, a real-time extension for Windows that supports 64-bit processing and symmetric multiprocessing, MaxRT eRTOS, a standalone real-time operating system ideal for embedded hard real-time applications, and MaxRT vRTOS, a real-time hypervisor that enhances security and flexibility by supporting general-purpose operating systems like Windows and Linux. These products serve a broad client base across sectors, including Industrial Automation, Defense, Automotive, and Medical, with technologies adopted globally, particularly in North America, Europe, and Asia, meeting the demand for IoT-ready and scalable solutions compatible with Industry 4. 0 initiatives. IntervalZero generates revenue through direct sales of its real-time software products and solutions, typically structured as B2B transactions with manufacturers and system integrators.


The company establishes partnerships requiring advanced machine control capabilities, providing licensing agreements with annual subscriptions for software updates and support services. The RTX64 product acts as a primary revenue driver, catering to industries seeking robust integration with Windows-based systems. Additional offerings like MaxRT eRTOS and MaxRT vRTOS further complement this revenue model, addressing specific market needs, including cost-sensitive embedded systems and enhanced cybersecurity frameworks. IntervalZero is focused on expanding its product line and entering new markets.


The company plans to develop and launch new software solutions aimed at enhancing cloud connectivity and AI capabilities in industrial applications within the next two years. Additionally, it aims to penetrate markets in Asia and Europe by 2025, leveraging recent funding acquired through its acquisition by Advent International to support these initiatives.


Current Investors

Advent International, Candescent Partners

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Content Management Software, Operating Systems (OS)

Website

www.intervalzero.com

Verticals

Cloud Computing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

IntervalZero, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedIntervalZero, Inc.-
BuyoutCompletedIntervalZero, Inc.-

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