AppNeta Nabs $6.2M

AppNeta, a provider of cloud-based network management technology, announced today that it has raised $6.2 million in new funding, led by Bain Capital Ventures, Egan-Managed Capital, JMI Equity (which is based in San Diego and Baltimore, MD), and Business Development Bank of Canada. The Wellesley Hills, MA-based company, whose technology and staff comes from Apparent Networks, is officially launching under its new name today. The startup raised $12 million in 2009, while named Apparent Networks.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.