Blue Medora, a Grand Rapids, Michigan-based provider of cloud systems management platform, raised $4.6m in Series A venture capital funding.
The round was led by Ann Arbor-based Michigan eLab, with participation from current investors Start Garden, Grand Angels and other equity holders. In conjunction with the funding, Michigan eLab’s Doug Neal will join Blue Medora’s Board of Directors.
The company, which has raised $6m in total funding, intends to use the funds to grow engineering, sales and marketing teams.
Led by Nathan Owen, co-founder and CEO, Blue Medora provides cloud-based software solutions that enable administrator teams to work collaboratively on the infrastructure to avoid downtime, resolve performance problems and make predictive insights using advanced analytics. They support VMware’s cloud management platform, vRealize Operations, and Oracle Enterprise Manager Cloud Control platforms.
As a result of this round, Blue Medora will continue integrating its software solutions into additional cloud management platforms.
FinSMEs
29/06/2015