SQL Sentry Secures $25M Investment
Growth investment by Mainsail Partners will accelerate innovation and drive expansion
CHARLOTTE, NC – June 16, 2015 – SQL Sentry, the developer of award-winning software for SQL Server database professionals, announced today it has secured a $25M growth equity investment from Mainsail Partners. SQL Sentry provides performance monitoring, management and optimization software for Microsoft SQL Server databases, across physical, virtual and cloud environments. Mainsail Partners, based in San Francisco, is a growth equity firm focused on investing in fast-growing, profitable and bootstrapped businesses. The capital will be used to accelerate SQL Sentry’s product development, scale sales and marketing, and expand and enhance its client services.
"This investment is a key milestone in our mission to help companies improve the performance of their SQL Server database systems, wherever they may reside," said Greg Gonzalez, CEO of SQL Sentry. "The capital will allow us to invest more heavily in research and development, and solidify our market position as a technology leader and innovator. Mainsail is the ideal partner to help us achieve our goals in this next phase of growth. Their network and experience building successful technology companies and our knowledge and expertise in the database market will make for a powerful partnership."
Since its inception in 2004, SQL Sentry has continued to expand their ground-breaking suite of products that include Performance Advisor, Event Manager, Plan Explorer and Fragmentation Manager. These tools make database administrators ("DBAs") more effective in managing ever-expanding and increasingly complex environments by providing greater visibility into performance bottlenecks, and proprietary deep-dive capabilities for efficient resolution.
"We are thrilled to be investing behind a strong management team and an industry leading product in a very compelling market," said Gavin Turner, managing partner at Mainsail Partners. "The proliferation of data has placed additional pressures on data professionals to manage the underlying performance of database environments, and SQL Sentry, through its market leading product suite, is well positioned to continue to deliver compelling value to the database community," added Turner.
Gonzalez and Turner will be joined by Ken Teeter, executive vice president at SQL Sentry and Vinay Kashyap, a vice president at Mainsail, on the board of SQL Sentry.
About SQL Sentry
SQL Sentry, LLC delivers software products that optimize the performance of Microsoft SQL Server environments. SQL Sentry Performance Advisor® for SQL Server delivers an advanced performance dashboard with relevant Windows and SQL Server metrics in a single view along with detailed insight of heavy SQL, blocking, deadlocks, and disk bottlenecks. SQL Sentry Performance Advisor for Analysis Services provides unparalleled insight into Analysis Services performance, including bottlenecks related to memory, storage systems, aggregation usage, queries and processing. SQL Sentry Event Manager® is the ultimate scheduling, alerting and response system for managing SQL Server jobs, SharePoint jobs and other events that impact performance.
About Mainsail Partners
Mainsail Partners is a leading growth equity firm that invests exclusively in bootstrapped, growing and profitable companies. The San Francisco-based firm has a team of experienced operating professionals to help outstanding entrepreneurs scale their businesses and accelerate growth. Mainsail’s recent investments include nCourt, Netchemia, Paylease, Playmaker CRM, Steelwedge and Zen Planner. The firm has raised nearly $400 million in committed capital. For further information, please visit www.mainsailpartners.com.
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