NetBeez, a Pittsburgh, PA-based network performance monitoring company, received new funding from Partech Ventures.
The amount of the deal was not disclosed. In conjunction with the funding, Reza Malekzadeh joined NetBeez’s its Board of Directors. Before Partech, the company received investments from the Pittsburgh-based fund Innovation Works, Carnegie Mellon University, and Y Combinator.
The company intends to use the funds to expand its team and customer acquisition initiatives as well as to develop the product and accelerate the growth of its customer base.
Founded in 2013, NetBeez, is a network performance monitoring company delivering a monitoring solution that continuously simulates user connectivity on any wired or wireless network. Dedicated sensors called Beez simulate end users and enable proactive identification and troubleshooting of complex network issues, helping to reduce time to resolution by IT.
The company participated in the Y Combinator Winter 2016 program.
FinSMEs
18/11/2016