Zenoss Closes $25M Series C Funding

Zenoss, Inc., an Austin, TX-based provider of unified IT operations software for physical, virtual, and cloud-based IT infrastructure, has closed a $25m Series C funding.

The round was led by Summit Partners, with participation from existing investors Grotech Ventures, Intersouth Partners and Boulder Ventures.

The company intends to use the capital to further accelerate product innovation and global expansion.

Founded in 2005 by CEO Bill Karpovich, Zenoss offers an innovative IT operations platform that includes unified monitoring, scale event management, real-time service impact/root cause analysis, and automated remediation.
The company also operates an open source community and its open source product has been downloaded 2.4 million times to date.
Customers include Rackspace, VMware, Hosting.com, LinkedIn, Motorola and SunGard.

In conjunction with the funding, which brings the total amount raised by the company to date to $45m, Tom Jennings, a Managing Director of Summit Partners, will join Zenoss’ Board of Directors.



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