Perspica Networks Announces $4M in Series A Funding to Develop IT Operations Analytics Software to Provide Instant Diagnostics for Virtualized Data Centers

Funding Rounds

Summary

Santa Clara, California – June 16, 2015: Perspica Networks, an IT Operations Analytics company, announced today that it has secured $4 million in Series A funding from March Capital Partners, a venture capital firm; The Fabric, an infrastructure co-creation company; and The Hive a big data co-creation studio; to build software that enables IT operations teams to instantly diagnose problem in virtualized data centers. Perspica Incidents Navigator reduces mean time to problem resolution and assures service availability and performance for mission critical applications running in today’s virtualized data centers. The predictive potential of patterns discovered via the machine-learning technology should anticipate at least some business-process-impacting incidents — and, therefore, should lead to their avoidance.” Gartner, Two Distinct ITOA Submarkets Provide Different Benefits to Enterprises, Will Cappelli, October 20, 2014. “With dynamic workloads and virtualization, operating data centers with traditional static rules-based tools is a thing of the past, and a new approach is needed,” said JF Huard, CTO and co-founder of Perspica Networks. To make critical decisions, IT operational teams need to reach information that is buried in several silos and it is hard to pinpoint the root cause,” said Prabakar Sundarrajan, chief strategy office at The Fabric.

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Amount $4.0M Total raised
Date June 16, 2015 Announcement date
Investors March Capital Partners, The Fabric, The Hive, LLC Lead investors
Company http://www.perspica.io Funded company

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