Blue Medora Receives $1.25M in Capital

Published On January 11, 2013 |

Blue Medora, a Grand Rapids, Mich.-based provider of virtualization and cloud monitoring and management plugins that extend the functionality of popular enterprise management systems like Oracle Enterprise Manager and IBM Tivoli, received an additional $1.25m in capital.

Backers included West Michigan-based angel investment groups Start Garden ($500k) and the Grand Angels ($750k).

The company intends to use the new funding to continue to expand and to commercialize its plugins.

Founded in 2007 by CEO Nathan Owen, Blue Medora has developed a range of certified integration products that extend the monitoring and management capabilities of IBM and Oracle’s systems management platforms to cloud, virtualization, ERP, CRM, enterprise directory, and messaging software. The company, which currently employs 22 people and is expected to add other 13 employees in the next 18 months, is working on the introduction of systems management and monitoring solutions meant to extend the virtualization capabilities of Oracle EM through VMware integration.

FinSMEs

11/01/2013

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