Correlsense Secures $8,000,000 Series B Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=72bc4f12-4342-4f86-b659-81dfc8230923&Preview=1 - Date
3/16/2010 - Company Name
Correlsense - Mailing Address
945 Concord Street Framingham, MA 01701 - Company Description
Correlsense is the leader in IT Reliability™ software. Correlsense SharePath provides a breakthrough in IT Reliability by enabling both a birds-eye and detailed view of how business transactions perform across the four dimensions (4D) of end-users, applications, infrastructure and business processes. While other service management and performance management applications focus on identifying problems at individual components (servers, databases, etc.), SharePath automatically detects and traces each entire transaction path, from a click in the browser through all its hops across data center tiers. - Website
http://www.correlsense.com - Transaction Type
Venture Equity - Transaction Amount
$8,000,000 - Transaction Round
Series B - Proceeds Purposes
The company says the new funds will help it continue development of its technology and pursue new marketing and sales opportunities in North America and Europe. - M&A Terms
- Venture Investor
Accel Partners - Venture Investor
Vertex Venture Capital - Venture Investor
ProSeed Venture Capital Fund
