Adaptivity Raises An Additional $3.0 Million Round in Financing
11/17/2010
Charlotte, NC -- Adaptivity, The IT Blueprint Company, which provides an intelligent IT blueprinting software suite, announced today that it has raised an additional $3.0 million of venture capital financing from Intel Capital. This completes its Series A round of funding bringing the total to $10.3 million.
Intel Capital, Intel's global investment organization invests in early stage companies like Adaptivity that complement Intel’s core business operations. The funding will be used to accelerate product development and scale sales and marketing infrastructure to support growing market demand for its blueprint 4IT Lifecycle Suite software products.
“Large
enterprises
are
increasingly
interested
in
data
center
optimization
and
cloud
computing
technologies,”
said
Bryan
Wolf,
Managing
Director,
Intel
Capital.
“Adaptivity’s
software
suite
is
well
positioned
to
take
advantage
of
this
market
trend
by
enabling
IT
organizations
to
improve
infrastructure
performance
and
agility,
transition
to
the
Cloud,
consolidate
and
optimize
infrastructure,
and
meet
compliance
and
risk
requirements.”
Adaptivity’s IT blueprinting software enables companies to codify and embed best practices, IT standards and rules into the infrastructure design and deployment lifecycle with the precision needed to achieve desired outcomes. This is accomplished by providing access to a content rich information repository consisting of a blueprint library, knowledge database and data contributions from its ecosystem partners.
“Whether seeking to optimize legacy infrastructure operations or accelerate the delivery of new IT Services, our IT blueprinting software allows companies to systematically leverage their knowledge capital and ensures that everyone involved is on the same page from concept through to the datacenter”, said Tony Bishop, CEO and Founder of Adaptivity.
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