Bindplane Overview

  • Status
  • Private

  • Employees
  • 42

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 12

Bindplane General Information

Description

Developer of a telemetry platform intended to offer a single view of applications, databases and infrastructure. The company's platform extends cloud management, APM and information technology operational analytics by adding health, performance and relationship data on the underlying network infrastructure, enabling clients to resolve issues, increase uptime and optimize performance for business applications.

Contact Information

Website
bindplane.com
Formerly Known As
Blue Medora, observIQ
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 3225 North Evergreen Drive North East
  • Suite 103
  • Grand Rapids, MI 49525
  • United States
+1 (616)
Primary Industry
Application Software
Other Industries
Business/Productivity Software
Vertical(s)
Big Data, SaaS
Corporate Office
  • 3225 North Evergreen Drive North East
  • Suite 103
  • Grand Rapids, MI 49525
  • United States
+1 (616)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Bindplane Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Secondary Transaction - Private 01-Sep-2020 Completed Generating Revenue
6. Debt - PPP 15-Apr-2020 Completed Generating Revenue
5. Later Stage VC (Series B2) 06-Sep-2018 Completed Generating Revenue
4. Later Stage VC (Series B1) 23-Oct-2017 Completed Generating Revenue
3. Later Stage VC (Series B) 12-Oct-2016 Completed Generating Revenue
2. Later Stage VC (Series A) 05-Jun-2015 $4.5M $5.8M Completed Generating Revenue
1. Seed Round 01-Jan-2013 $1.3M $1.3M Completed Generating Revenue
To view Bindplane’s complete valuation and funding history, request access »

Bindplane Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B2
Series B1
Series B 7,512,574 $0.000010 7% $1.15 $1.15 1x $1.15 19.64%
Series A 7,161,018 $0.000010 $0.64 $0.64 1x $0.64 18.72%
To view Bindplane’s complete cap table history, request access »

Bindplane Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a telemetry platform intended to offer a single view of applications, databases and infrastructure. The com
Application Software
Grand Rapids, MI
42 As of 2025

Tampa, FL
 

Merelbeke, Belgium
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Bindplane Competitors (101)

One of Bindplane’s 101 competitors is ConnectWise, a Private Equity-Backed company based in Tampa, FL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ConnectWise Private Equity-Backed Tampa, FL
Lansweeper Private Equity-Backed Merelbeke, Belgium
Lityx Corporation Wilmington, DE
Gigamon Private Equity-Backed Santa Clara, CA
ServiceNow Formerly VC-backed Santa Clara, CA
You’re viewing 5 of 101 competitors. Get the full list »

Bindplane Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Bindplane Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
Atomic Object VC-Backed Company Minority
North Coast Technology Investors Venture Capital Minority
First Analysis Venture Capital Minority
Tappan Hill Ventures Venture Capital Minority
You’re viewing 5 of 12 investors. Get the full list »

Ready to get started?

Request a free trial

Bindplane FAQs

  • Where is Bindplane headquartered?

    Bindplane is headquartered in Grand Rapids, MI.

  • What is the size of Bindplane?

    Bindplane has 42 total employees.

  • What industry is Bindplane in?

    Bindplane’s primary industry is Application Software.

  • Is Bindplane a private or public company?

    Bindplane is a Private company.

  • What is Bindplane’s current revenue?

    The current revenue for Bindplane is .

  • How much funding has Bindplane raised over time?

    Bindplane has raised $32.4M.

  • Who are Bindplane’s investors?

    , Atomic Object, North Coast Technology Investors, First Analysis, and Tappan Hill Ventures are 5 of 12 investors who have invested in Bindplane.

  • Who are Bindplane’s competitors?

    ConnectWise, Lansweeper, Lityx, Gigamon, and ServiceNow are some of the 101 competitors of Bindplane.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »