Flexera

Flexera

IT management and software optimization solutions

About

Flexera offers IT management software and optimization solutions that help businesses control their software and IT costs. Its products focus on maximizing the value derived from technology spending, particularly for organizations undergoing digital transformation. Flexera serves a diverse range of clients, providing tools for IT asset management (ITAM), software asset management (SAM), and cloud management. The recent acquisition of Snow Software has enhanced Flexera's ability to offer a broader range of solutions for optimizing technology investments.

Company Stage

Acquired

Employees

1,001-5,000

Industries

Enterprise Software

Total Funding

$81.4M

Headquarters

Itasca, Illinois

Founded

2008


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Simplify's Take

What believers are saying

  • Flexera recognized as a leader in Cloud Cost Management by Forrester in July 2024.
  • Launch of Flexera One FinOps in March 2023 improves IT and finance collaboration.
  • Increased demand for SBOM management due to cybersecurity threats boosts Flexera's market position.

What critics are saying

  • Emerging IT management startups offer innovative solutions at lower costs.
  • Integration challenges with Snow Software may lead to operational inefficiencies.
  • Rapid technological changes may outpace Flexera's software updates, risking obsolescence.

What makes Flexera unique

  • Flexera's Technology Value Optimization maximizes business value from technology investments.
  • The acquisition of Snow Software enhances Flexera's hybrid ITAM and FinOps solutions.
  • Flexera's SBOM management addresses rising cybersecurity threats and regulatory demands.

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Growth & Insights
Headcount

6 month growth

54%

1 year growth

54%

2 year growth

54%

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