Centerity, a Boston, MA- and Israel-based provider of advanced performance analytics and business services management (BSM) for complex technology environments (IT & IoT), received $10m in funding.
Merlin International, a provider of cybersecurity solutions that enable organizations to protect their most critical business assets, made the investment.
The company intends to use the proceeds to double its Research & Development (R&D) center and expand its sales, marketing, and distribution organizations.
Led by Roi Keren, President & CEO, Centerity provides a platform for complex IT and IoT environments, especially those that manage IT for multiple organizations or that oversee a mix of on-premise, Cloud, and Edge devices.
The platform enables organizations to achieve real-time, end-to-end visibility of their entire information and operational technology (IT/OT) environments, to measure the service level (SLA) of each critical business service and process, and to recognize and repair problems and potential problems.
The company’s technology offers a single software platform that can collect, combine and analyze any data metric from any IT and IoT layer, and uses advanced visualization tools to present an accurate status for each business service/process.
Centerity serves hundreds of customers worldwide, including enterprise organizations, managed service providers (MSPs) and technology manufacturers (OEMs). Among those clients, there are Fortune 500 companies, government agencies, hardware manufacturers and more.