xMatters Closes $40 Million in Series D Funding Led by Goldman Sachs
Summary
SAN RAMON, Calif., Feb. 20, 2018 (GLOBE NEWSWIRE) -- xMatters ( www.xmatters.com ), the integration-driven collaboration platform that accelerates incident response and resolution, today announced they have closed $40 million in Series D funding with Goldman Sachs’ Private Capital Investing group.xMatters addresses the problem by bringing structure to collaboration, and using intelligent automation to drive the underlying workflow from originating systems forward to resolution.We’re excited to take part in their continued success and support their next stage of growth,” said Stephen Kerns, Vice President in Goldman Sachs’ Private Capital Investing group.As enterprises invest in digital transformation and place technology at the forefront of business strategies, xMatters has become increasingly critical in automating collaboration across applications and teams.With recent additions to their customer base, global household names such as Vodafone, Danske Bank, Sony Network Entertainment, Molina Healthcare, AXA Insurance, and The Telegraph join an exciting group of companies leading their respective markets.
