Netreo Completes Acquisition of CloudMonix

By CIO Applications | Friday, July 31, 2020

Andrew Anderson, Co-Founder & President

In addition to robust Azure monitoring and management capabilities, CloudMonix also enhances the experience throughout the customer journey by enabling zero-touch, self-service models from discovery, trial, purchase to support.

FREMONT, CA: The award-winning platform for IT infrastructure management and one of Inc. 5000’s fastest-growing companies, Netreo, announced the acquisition of CloudMonix, a Chicago-based cloud infrastructure monitoring company specializing in advanced insight into system performance, auto-scaling of resources, automation of issue resolution and self-healing to ensure uninterrupted service. CloudMonix, focusing on Microsoft Azure monitoring services, is a Microsoft Silver Partner with five-star user reviews on both G2 Crowd and Capterra.

“Netreo is delighted to welcome CloudMonix to the family. The addition of CloudMonix’s capabilities to Netreo’s platform strengthens our efforts to provide high quality cloud infrastructure monitoring to DevOps teams, Managed Service Providers (MSPs) and Cloud Service Providers (CSPs). We’re also looking forward to deepening our partnership with Microsoft to empower our customers to manage and monitor their mission-critical infrastructure, applications and devices both on-premises and in the cloud and across cloud, on-premises and hybrid deployment models,” said Jasmin Young, Chief Executive Officer at Netreo.

CloudMonix offers immediate and deep insight into the stability of complex software systems, intelligent automation of issue resolution and optimization of cloud costs, and an extensive library of third-party integrations, including 24 vendors across collaboration, data store, issue tracking, ITSM, logging, messaging, monitoring and notifications, such as MS Teams, Jira, LogEntries, Slack, ServiceNow, Twilio, PagerDuty, ManageEngine, Freshdesk and Zendesk.

In addition to robust Azure monitoring and management capabilities, CloudMonix also enhances the experience throughout the customer journey by enabling zero-touch, self-service models from discovery, trial, purchase to support. Customers can start online within minutes directly from Cloudmonix’s website and via the Microsoft Azure Marketplace. The starter pack is offered for free while the Professional tier is available for USD 15 per resource per month and the Ultimate tier for USD 20 per resource per month.

“Back in 2000, a majority of the organizations often deployed off the shelf IT products that did not address their day to day IT management problems. As their IT stacks were complex and diverse, organizations failed to manage and get complete visibility into the whole environment. Identifying this challenge as an opportunity, we decided to offer pragmatic solutions that solved problems before users could call and complain. This was the genesis of Netreo,” stated Andrew Anderson, President of Netreo.

Netreo was listed as one of the Top ITSM Solution Providers for 2020 by CIO Applications magazine. The acquisition underscores Netreo’s commitment to Microsoft’s growing cloud services market. Microsoft Azure, which has a community of over 700 million users and coverage of more than 80 percent of Fortune 500 companies, reported a 59 percent growth rate in Q3 2020.