VividCortex, a Charlottesville, VA-based developer of database performance management solutions, raised $2m in seed funding.
Investors included Jaffray Woodriff, who runs the Quantitative Investment Management fund, Battery Ventures and various angels.
The company intends to use the funds for product development and additional hiring.
Co-founded last year by leading MySQL authority Baron Schwartz (the author of “High Performance MySQL: Optimization, Backups and Replication”, a book about MySQL database management published by O’Reilly Media) and Kyle Redinger, VividCortex provides a software-as-a-service product that helps Web-scale operations monitor, diagnose and fix performance problems that affect end users, including slow website performance. It can be used by large and small enterprises to replace internal monitoring equipment.
The company’s product is now in beta and being used by customers in fields such as e-commerce, media and finance.
FinSMEs
07/08/2013