xMatters Closes $42M Growth Financing

xMatters_logoxMatters, a San Ramon, CA-based intelligent communications platform that connects business system insights to relevant people and business processes, closed a $42m long-term financing.

Backers included Golub Capital and JMI Equity.

The company intends to use the funds to continue expanding operations, accelerating growth, and investing further in developing new tools and applications.

Founded in 2000 and led by Troy McAlpin, CEO, xMatters provides large and small digital-focused enterprises with a platform to communicate intelligently when interruptions occur across technology infrastructures, business operations, and business processes.
The platform automates, operationalizes and contextualizes communications within key DevOps processes and supports enterprises with major incident and change management, alerting the right people on the right channels to time-sensitive events and problems like network outages, supply-chain disruptions, natural disasters and medical emergencies.



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