BlueCat Networks Closes $16.8M Financing Round with Trident Capital

BlueCat Networks, a Toronto (ON), Canada-based provider of IP Address Management, DNS and DHCP solutions, closed a $16.8m financing round with new investor Trident Capital.

The company intends to use the funds to expand its Sales and Engineering teams and further develop its global channel partner program.

In conjunction with the funding, Trident Capital managing director J. Alberto Yépez, has joined BlueCat Networks’ Board of Directors.

Led by co-founder and CEO Michael Hyatt, the company provides IPAM solutions designed to help organizations manage and maintain their address and name services and infrastructures and ease the transition to new technologies such as IPv6 and DNS Security (DNSSEC).



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