Prelert Receives $3,750,000 Series A Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0c323efc-344d-4b48-b168-914fc798f3e9&Preview=1 - Date
9/8/2010 - Company Name
Prelert - Mailing Address
946 Great Plain Ave. Needham, MA 02492 - Company Description
Our Incident Cause Analysis software employs advanced pattern detection algorithms, used in DNA sequencing the human genome, to quickly and accurately analyze terabytes of IT incident data. Our product self-learns how IT resources interact and quickly identifies the causal chain of events behind service incidents. - Website
http://www.prelert.com - Transaction Type
Venture Equity - Transaction Amount
$3,750,000 - Transaction Round
Series A - Proceeds Purposes
Prelert will use the funds to expand sales of their Incident Cause Analysis software, the first product to automatically find the causal chain of events behind business affecting IT service incidents. - M&A Terms
- Venture Investor
Sierra Ventures - Venture Investor
Fairhaven Capital
