Correlsense Receives $3,000,000 Series C Funding

  • Feed Type
  • Date
    7/19/2012
  • Company Name
    Correlsense
  • Mailing Address
    111 Speen 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.
  • Website
    http://www.correlsense.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    This funding will enable Correlsense to expand sales and technology partner channels as well as enhance its sales and marketing teams. The company will continue to invest in adding innovative functionality to future versions of its SharePath Data Center and Real User Monitoring products.
  • M&A Terms
  • Venture Investor
    Accel Partners
  • Venture Investor
    Vertex Venture Capital
  • Venture Investor
    ProSeed Venture Capital Fund
  • Venture Investor
    eXeed Technology
  • Venture Investor
    Technion Research & Development Foundation