BlueStripe Software Secures $8 Million in Funding
Valhalla Partners and Trinity Ventures validate BlueStripe’s leadership position in the Application Service Management (ASM) market
BlueStripe’s initial investor and long-standing Board member,
Industry analysts continue to see growth in the virtualization market as enterprises strive to lower costs and realize IT infrastructure resource gains in today’s economy. “With virtualization’s impact on application management, traditional monitoring and management tools that focus on systems, and not the application, are no longer sufficient. We see BlueStripe as hitting a critical market need by resolving a difficult business challenge,” stated
BlueStripe’s flagship product, FactFinder, enables enterprises to successfully stage, deploy, and manage business-critical applications. FactFinder provides the application discovery and unique service-level driven capabilities for application support with unsurpassed intelligence into the performance and behavior of these applications. This allows users to understand the structure and relationship of their applications to efficiently manage them, identify performance issues, and perform triage to resolve issues.
“This additional funding allows us to accelerate our growth and expand our capabilities for customers moving to new platforms, such as cloud or virtual infrastructures, enabling them to change the way they manage their business-critical applications,” explained
FactFinder provides the intelligence to manage and support production applications, with the tools to measure application health and performance, or the ability to triage critical business applications during P2V conversions or new application roll-outs. Before FactFinder, visibility into the performance of business-critical applications was limited, creating delays in isolating and resolving application performance issues, diminishing the ROI of virtualization efforts, and limiting the quality of new application roll-outs. But as organizations today continue to demand service-level intelligence on application performance, FactFinder is meeting the challenge.
Since launching the company in
About BlueStripe Software
BlueStripe Software is the industry’s first provider of Application Service Management (ASM) solutions for dynamic data centers. BlueStripe’s flagship product suite, FactFinder, improves the way companies manage their business-critical applications, regardless of application, OS or server platform. Based in the
About Trinity Ventures
Founded in 1986, Trinity Ventures, a boutique firm, partners with passionate entrepreneurs to transform revolutionary ideas into reality. With over
Trinity Ventures has invested in more than 100 ventures, including such leading companies as Affinity Labs (acquired by Monster.com), Aruba Networks, Bix (acquired by Yahoo!), Blue Nile, Crescendo Communications, Extreme Networks, Forte Software, IntruVert Networks (acquired by Network Associates), LoopNet, Modulus Video (acquired by Motorola), Network Alchemy (acquired by Nokia), Photobucket (acquired by News Corporation), SciQuest, Speedera Networks (acquired by Akamai Technologies), Starbucks, Sygate Technologies (acquired by Symantec) and Wall Data.
About Valhalla Partners
Valhalla Partners is a trusted partner and advisor to technology entrepreneurs in their quest to build world-class companies. Based in
MEDIA CONTACTS: Mike Lough Toni Iafrate BlueStripe Software Davies Murphy Group, Inc. +1.877.750.2583 +1.781.418.2406 email@example.com firstname.lastname@example.org www.bluestripe.com www.daviesmurphy.com
SOURCE BlueStripe Software