Evolven Software Raises Additional Funding

Evolven Software, a Jersey City, NJ-based provider of change and configuration management software for the modern data center and cloud, has raised an additional funding with Pitango Venture Capital and Index Ventures.

The company intends to use the capital for further development of its SaaS-based Change Monitoring solution, targeting delivery to both the U.S. and European markets.

Led by CEO Sasha Gilenson, Evolven provides companies with a software-as-a-service solution designed to increase the stability of their IT environments, reduce the risk of production outages, lower operating costs, and cut environment incident investigation time and effort.
The company, which is present in Europe and the Middle East and a development center in Israel, is also available as an on-premise option.

FinSMEs

01/12/2011

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