NEXThink Closes $5.5M in Series C Funding

NEXThink, a Lausanne, Switzerland-based provider of real-time user-centric analytics to make it possible to monitor IT infrastructure, has closed $5.5m in Series C funding.

Backers include existing investors Auriga Partners and Venture Incubator, and new investor Mannai Corporation.
This brings the total capital raised by the company to $13.1m.

NEXThink intends to use the capital to expand its global presence and to develop new products that accelerate its business around cloud computing and mobility. The company has opened its US headquarters in Alpine, Utah to expand across the US market. Industry veteran Chris Lundell has been appointed President of Americas.

Founded in 2004 and led by CEO Pedro Bados, NEXThink provides an intelligent monitoring, discovery and analytics solution that audits IT infrastructure in real-time from the end user perspective including physical and virtual workplaces. The solution provides information to make decisions to proactively solve availability, configuration and performance problems as well as steer on target IT transformation and cost optimization projects.
Customers include Bunge, French Government, Manpower, Qatar Telecom, Swisscom, Toyota, etc.

Patrick Starck, Former Chairman of CA Technologies EMEA, and Alekh Grewal, Chief Executive Officer of Mannai Corporation, will join NEXThink’s board.



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