Moogsoft Closes $7M Series A Funding
Summary
Moogsoft, a London, UK-based Agile Service Management software company, closed a $7m Series A funding.The round was led by Redpoint Ventures.In conjunction with the funding, John Walecka, General Partner at Redpoint Ventures, joined Moogsoft’s Board of Directors.The company intends to use the capital to expand operations.Led by by Phil Tee, CEO, Moogsoft provides Agile Service Management software, which leverages Big Data and Social Networking to help customers identify the existence of IT incidents (from devices, databases, applications and, human generated instant messages and trouble tickets), apply goal oriented social orchestration to the resolution and impact management processes and reduce costs.
Funding
Amount
$7.0M
Total raised
Date
May 29, 2013
Announcement date
Investors
Redpoint Ventures
Lead investors
Company
http://www.moogsoft.com
Funded company
Classifications
industries
No industries detected
applications
AI & Machine learning
AskAI Classifications
Labels
AIOps
Enterprise Software
Cloud Software
Linked Companies
Moogsoft
$10M to $25M