The company was founded in 2010 by Mohit Lad and Ricardo Oliveira who had worked together in the UCLA Internet Research Lab to visualize Autonomous System topologies. ThousandEyes received a $500K National Science Foundation grant in 2011 to focus on DNS infrastructure troubleshooting. In 2011, Sequoia Capital led a Series A round to invest $5. 5M. The company launched their network monitoring product in June 2013. In 2014, Sutter Hill Ventures led a Series B round, joined by Sequoia Capital and Salesforce. com, to invest $20M in the company. In 2016, Tenaya Capital and GV joined a Series C round, along with previous investors, with $35M more in capital. In February 2019 the company announced it has raised $50M in a Series D round of funding led by GV (formerly Google Ventures), bringing ThousandEyes' total funding to more than $110 million. Additionally, Thomvest Ventures joined the round as a new investor alongside existing investors Salesforce Ventures, Sequoia Capital, Sutter Hill Ventures and Tenaya Capital.