 In 2006, the company moved its headquarters to Austin, Texas, where about 300 of the company's total 450 employees were based as of 2011.During 2007, SolarWinds raised funding from Austin Ventures, Bain Capital, and Insight Venture Partners.SolarWinds completed an initial public offering of $112.5 million in May 2009, closing at higher prices after its initial day of trading.