Zenoss Closes $25M Series C Funding

Funding Rounds

Summary

Zenoss, Inc., an Austin, TX-based provider of unified IT operations software for physical, virtual, and cloud-based IT infrastructure, has closed a $25m Series C funding.The company intends to use the capital to further accelerate product innovation and global expansion.Founded in 2005 by CEO Bill Karpovich, Zenoss offers an innovative IT operations platform that includes unified monitoring, scale event management, real-time service impact/root cause analysis, and automated remediation.Customers include Rackspace, VMware, Hosting.com, LinkedIn, Motorola and SunGard.In conjunction with the funding, which brings the total amount raised by the company to date to $45m, Tom Jennings, a Managing Director of Summit Partners, will join Zenoss’ Board of Directors.

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Amount $25.0M Total raised
Date October 9, 2012 Announcement date
Investors Summit Partners, Maryland Venture Fund Lead investors
Company http://www.zenoss.com Funded company

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AI & Machine learning

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Zenoss
$10M to $25M