Moogsoft, a San Francisco, CA-based provider of real-time IT Operations Analytics (ITOA) software, secured $30m over two phases of a round of Series C financing.
New investor Northgate Capital led the first phase of the round joined by new investor SingTel Innov8 and existing investors Cisco Investments, Redpoint, Wing and other equity holders.
New investor Singapore Technologies Telemedia (ST Telemedia) led the second phase of the round with participation from HCL Technologies.
The company intends to use the funds to accelerate expansion of global operations in Europe, Asia and the Americas.
Led by Phil Tee, CEO and co-founder, Moogsoft provides IT Operations Analytics (ITOA) for modern private, public cloud and hybrid IT environments. The company delivers machine learning-based incident management solutions for large, dynamic and heterogeneous environments allowing operations teams across IT and Development at Cisco, Royal Bank of Canada, Yahoo, and GoDaddy, among others, to detect, triage and resolve incidents inside their production environments and improve service quality.