Device42 Secures $34M in Funding
Summary
Device42, a New Haven, Conn.-based provider of software that automatically and agentlessly discovers the entire IT infrastructure, raised $34m in funding. In connection with the transaction, Dan Phillips, former CEO and Chairman of the Board of CloudHealth Technologies, and Darren Battistoni, a Managing Director at Charlesbank Capital Partners, will be joining Device42’s board of directors. The company intends to use the funds to continue to grow its solutions. Led by Raj Jalan, CEO, Device42 provides a software platform that gives comprehensive and current insight into any computing environment including application dependencies. The company serves customers in more than 60 countries including Global 2000 clients and Systems Integrators.
Funding
Amount
$34.0M
Total raised
Date
March 6, 2019
Announcement date
Investors
Device42
Lead investors
Company
http://www.device42.com
Funded company
Classifications
industries
Information Technology
applications
Governance, risk and compliance
AskAI Classifications
Labels
IT Asset Management
Data Center Infrastructure Management
IT Operations
Linked Companies
Device42
$10M to $25M