Device42
IT asset management and IT infrastructure discovery software provider
Data Confidence: 87% · Sources: 6 · Last Updated: Sep 22, 2026
- 💰 Net Worth ▲
- $230M
- 🌐 Reach ▲
- 1.0M people
- 🔌 Power ▲
- Device42 commands enterprise software footprint across 1,000+ corporate customer IT departments globally, managing data center and cloud assets.
- 👁️ Influence ▲
- Device42's automated application dependency mapping software optimizes IT infrastructure visibility and cloud migration planning for enterprise operations worldwide.
- 🤝 Network ▲
- Device42 operates as a wholly owned subsidiary of Nasdaq-listed Freshworks Inc., integrating directly with major ITSM platforms and enterprise software ecosystems.
- 🏛️ Legacy ▲
- Device42 established a recognized position in hybrid IT infrastructure discovery and CMDB automation, resulting in a $230 million strategic exit to Freshworks in 2024.
- 🔮 Trajectory ▲
- Rising ↑ — first assessment on record.
About
Device42, Inc. is an IT infrastructure management software vendor headquartered in West Haven, Connecticut, specializing in automated discovery, configuration management databases (CMDB), and application dependency mapping. Founded in 2010 by Raj Jalan and Steve Shwartz, the company expanded to serve over 1,000 enterprise customers across more than 70 countries. In June 2024, Nasdaq-listed SaaS provider Freshworks acquired Device42 for $230 million to bolster its IT asset management (ITAM) and IT service management (ITSM) platform capabilities.
Known For
Providing automated agentless IT asset discovery, CMDB software, and application dependency mapping for hybrid cloud environments.
Connections
Ownership & Financial
Leadership & Employment
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