Exit for Bayern Kapital: Augsburg IT start-up qbilon becomes part of Paessler AG
Landshut/Augsburg — In the course of selling the entire company, Bayern Kapital GmbH also sells its shares in the IT start-up qbilon. The Augsburg-based company offers a platform for the automatic capture, analysis and optimization of hybrid IT landscapes. The buyer is Nuremberg-based Paessler AG, an experienced specialist in IT monitoring. As one of the most experienced tech investors in Germany, Bayern Kapital had invested in qbilon together with other investors only a year ago and has since supported the company in its growth.
qbilon GmbH was founded in 2019 by four computer science PhD students as part of an EXIST research transfer project at the University of Augsburg and will continue to be headquartered in Augsburg after the sale. With its monitoring platform, qbilon enables the integration of a variety of data sources, including cloud platforms such as AWS or Azure, IT monitoring and management solutions such as Paessler PRTG or Dynatrace, and virtualization tools such as vSphere. Customers can also import generic data such as CSV or JSON to easily integrate older information. For companies, this means full transparency of their entire IT environment and more resilience in their IT operations, with the choice between cloud and on-premises solutions. Hybrid IT landscapes are captured automatically and live data allows individual data analysis for efficient optimization while minimizing failure risks. qbilon’s customers include major companies in the automotive, utilities and manufacturing industries, such as KTR Systems, among others.
“We provide companies with comprehensive knowledge about their IT landscapes — complete, automatic and easy to understand, resulting in significantly less work, lower costs and increased security,” says Dr. Melanie Langermeier, co-CEO and co-founder of qbilon. “The decision to join Paessler Group makes a lot of sense, as our IT visibility tools and the network insights and intelligence Paessler provides to its customers are a great fit. We look forward to providing our joint customers with a comprehensive knowledge of their IT landscapes to increase efficiency and save resources.” Other founders of qbilon are Dr. Simon Lohmüller, Dr. Thomas Driessen and Dr. Julian Kienberger.
500,000 users in 170 countries
Paessler AG was founded in 1997 and offers IT monitoring solutions for companies in all industries — from small and medium-sized enterprises to large corporations. Paessler products help users to optimize their IT, OT and IoT infrastructures and thereby reduce their energy consumption and emissions. The main product is the Paessler PRTG monitoring solution, which is used by more than 500,000 users in around 170 countries worldwide. The company currently employs 350 people from over 25 countries.
“Today marks an exciting milestone in our history and future,” says Helmut Binder, CEO of Paessler. “Our passion is to give our customers the visibility they need into their IT landscape to optimize their resources. qbilon is an excellent fit with our corporate culture and our goals. Both companies will benefit from mutual synergies in the areas of development and technology, sales and marketing, and operations. We will work closely together to expand our offerings to existing and new customers, and I am excited about the opportunities that will arise from this collaboration. I am very happy to welcome the qbilon team to the Paessler family.”
Bayern Kapital participated in 2022
Bayern Kapital GmbH had participated in a seed financing round for qbilon in June 2022. The funds came from the Bavarian Capital Innovation Fund (EFRE), which is also supported by EU funds. Other investors were the Bavarian family offices Vetos GmbH and DI Beteiligungs GmbH. “Already in the first talks, the team of qbilon had convinced us. The cooperation with the founders and the private investors was very positive,” explains Monika Steger, Managing Director of Bayern Kapital. “The projects carried out and the customers acquired were promising. They have shown that there is a great need for IT monitoring on the market. The merger with the Nuremberg-based company Paessler will allow additional markets to be opened up and the successful path to be continued.”
About qbilon
qbilon was founded in 2019 by four former PhD students of the University of Augsburg. During their work with large enterprises, they found that companies struggle with building a meaningful database for critical IT decisions. Based on their research findings, they developed an innovative approach to meet this challenge. qbilon’s software solution finally brings light to organically grown, hybrid IT landscapes. The automatic collection and linking of existing data enables IT decision-makers to streamline and optimize their IT landscape to end up with IT that perfectly fits their needs. In times when digital transformation and exponential IT growth are key issues in large companies, qbilon wants to do its part to keep IT efficient and manageable. Since IT staff are often overworked, our software effectively relieves IT staff of tedious manual documentation work — paving the way to an IT landscape that is always up-to-date and consistent.
www.qbilon.io
About Bayern Kapital
Bayern Kapital GmbH, based in Landshut, is the venture/growth capital company of the Free State of Bavaria. It accompanies innovative high-tech companies in the Free State through various growth phases, from seed to later stage, with equity capital in the amount of 0.25 to 25 million euros. Bayern Kapital often fills gaps in the VC sector in proven consortium constellations with private investors (business angels, family offices and corporate ventures).
Bayern Kapital manages specialized investment funds with a volume of around 700 million euros. Since its foundation in 1995 on the initiative of the state government, the wholly owned subsidiary of LfA Förderbank Bayern has so far invested around 400 million euros of its own equity capital in around 300 start-ups and scale-ups in sectors such as life sciences, software & IT, materials & new materials, nanotechnology and environmental technology. As a result, more than 8,000 jobs have been permanently created in Bavaria in sustainable companies. The active portfolio currently comprises over 80 companies.
www.bayernkapital.de