Appnomic Systems Garners $5,000,000 Series C Financing

  • Feed Type
  • Date
    9/18/2012
  • Company Name
    Appnomic Systems
  • Mailing Address
    2953 Bunker Hill Lane Santa Clara, CA 95054
  • Company Description
    Appnomic Systems, founded in 2006, is a global provider of Software and Software as a Service (SaaS) solutions for predictive, application-centric and autonomic management of IT infrastructure. We provide advanced Application Performance Management and Data Center Process and Operations Automation solutions – which deliver significant improvements to enterprise IT service delivery and massive increases in MTBF (Mean Time Between Failures) of enterprise grade software applications.
  • Website
    http://www.appnomic.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    This round of funding, which brings total investments to $12.5 million, is designated for expanding Appnomic’s U.S. market operations and enhancing development of the company’s industry leading products and services.
  • M&A Terms
  • Venture Investor
    Norwest Venture Partners