Boundary, a Mountain View, CA-based provider of IT Infrastructure Monitoring solutions, raised $22m in Series C funding.
The round was led by new investor Adams Street Partners with participation from Triangle Peak Partners as well as existing investors Lightspeed Venture Partners and Scale Venture Partners.
The company, which has now raised funding $41m, intends to use the funds to continue to expand development of its product and technology and bolster its sales and marketing capabilities.
Led by CEO Gary Read, Boundary provides a SaaS-based platform to monitor IT environments in real time. Its IT infrastructure monitoring and event management service enables customers to collect and correlate millions of metrics and events, process them in real-time and enable Ops/DevOps professionals to see the total picture.
Customers include Scripps Networks Interactive, Salesforce.com, The Weather Channel, Zendesk, Gilt, Expedia, Infor, Heroku, OneNeck, Websense, HCL Technologies, Rackspace and others.
10/07/2012: Boundary Raises $15M in Series B Funding