Blue Medora, a Grand Rapids, MI-based provider of integration software for common application performance management, cloud management and database management platforms, raised $8m in Series B1 financing.
The round was led by First Analysis, which will be take a seat on the Blue Medora board, with participation from current investors Lewis and Clark, Wakestream Ventures and eLabs Ventures.
The company intends to use the funds to continue to expand its sales, marketing and R&D investments.
Led by Nathan Owen, CEO and co-founder, Blue Medora provides software that extends cloud management, APM and IT operational analytics platforms by adding health, performance and relationship data on the underlying compute, storage and network infrastructure.
The company also offers a database performance-monitoring platform, SelectStar, which combines comprehensive database and cloud infrastructure monitoring to enable organizations to track and optimize critical database performance and availability metrics.
FinSMEs
23/10/2017