BEZ Systems Receives $2,000,000 New Financing

  • Feed Type
  • Date
    1/30/2008
  • Company Name
    BEZ Systems
  • Mailing Address
    345A Summer Street Boston, MA 02210
  • Company Description
    BEZ Systems is an emerging, venture-backed software company that offers innovative Predictive Performance Management (PPM) solutions that provide a line-of-business view of application resource utilization that allows the enterprise to accurately profile application performance, compare change and growth alternatives, forecast results to set expectations and verify actual performance results versus predictions so that SLAs can be met to ensure business continuity.
  • Website
    http://www.bez.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds are being used to launch a new product line with multi-tier capabilities that will help IT managers directly and confidently address an ever-accelerating rate of change and complexity while controlling costs and ensuring that applications and databases perform as expected.
  • M&A Terms
  • Venture Investor
    Ascent Venture Partners
  • Venture Investor
    Velocity Equity Partners
  • Venture Investor
    Massachusetts Technology Development Corporation