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TMCNet:  Intigua Raises $8.6M in Series A Funding Led by Bessemer Venture Partners

[January 17, 2013]

Intigua Raises $8.6M in Series A Funding Led by Bessemer Venture Partners

NEWTON, Mass. --(Business Wire)--

Enterprise cloud management company Intigua has secured $8.6 million in Series A financing led by Bessemer Venture Partners (BVP) with participation from seed investors Cedar Fund and individual investors.

Winner of the "Best of VMworld 2012 Gold Award" for New Technology (News - Alert), Intigua solves a major and often unforeseen challenge faced by IT when transitioning critical applications to cloud infrastructures: How to extend deeply-embedded and critical monitoring, management and security technology never intended for the massive scale and dynamic nature of today's private, public and hybrid clouds - but essential for delivering uptime, performance and security required for production applications.

Just as servers, storage and networks have been virtualized, Intigua virtualizes the management layer, transforming management applications into on-demand datacenter services that are more scalable and agile. This also enables IT to use their existing management applications to manage all systems across physical, private and public cloud infrastructures from a single screen.

"Bessemer has been investing in industry-leading IT infrastructure companies for decades, and have never been more excited about the potential for innovation in this arena," said Bessemer partner Bob Goodman who joins the Intigua board. "Virtualization and cloud computing are forcing a re-think of infrastructure management. We believe Intigua has a unique and elegant solution that addresses today's key challenges."

BVP has demonstrated success investing in cloud and infrastructure management companies such as BladeLogic (acquired by BMC), Veritas (acquired by Symantec), VeriSign, and Box (News - Alert).

"We're helping enterprises move confidently to cloud infrastructures without compromising SLAs and governance, knowing their monitoring and management solutions will scale to meet this dynamic new environment," said Shimon Hason, Intigua CEO. "Having a partner like Bessemer, with their experience and proven vision in this space, is invaluable."


Also joining the board is Ram Metser, former CEO of Guardium, the infrastructure security company acquired by IBM (News - Alert) in 2009.

The Intigua Platform - Scalable Monitoring and Management for the Enterprise Cloud

The Intigua platform delivers scalability and agility by decoupling the management stack from the underlying infrastructure. It abstracts management software into virtual containers that can be rapidly provisioned on all virtual machines (VMs) simultaneously, updated with security patches, or removed entirely in case of malfunction. For the first time, IT organizations can configure centralized policies to govern the amount of VM resources consumed by management software, ensuring quality of service for production applications. Scalability is also achieved by tightly integrating with hypervisor management platforms such as VMware vCenter.

With Intigua, IT organizations can now continuously monitor and control all of their heterogeneous management solutions in real-time from a single unified console. Intigua virtualizes any management solution including widely-used applications such as Puppet, Splunk (News - Alert), IBM Tivoli Monitoring (ITM) and Provisioning Manager (TPM), HP Operations Manager (HPOM) and Server Automation (Opsware), Microsoft SCCM and SCOM, VMware Hyperic and vCenter Configuration Manager (VCM), BMC BladeLogic, Symantec NetBackup and Endpoint Protection (SEP), and EMC Networker.

About Intigua

Intigua virtualizes the management layer - just as servers, storage and networks have been virtualized - bringing cloud-grade scalability and agility to infrastructure monitoring and management. Winner of the "Best of VMworld 2012 Gold Award" for New Technology, Intigua enables enterprises to ensure the performance, availability and security of business-critical applications running on large-scale physical, virtual, private and public cloud, and hybrid infrastructures. Visit www.intigua.com to learn more.

About Bessemer Venture Partners

With $4 billion under active management, Bessemer Venture Partners (BVP) is a global venture capital firm with offices in Silicon Valley, Cambridge, Mass., New York, Mumbai, Bangalore and Herzliya, Israel. BVP delivers a broad platform in venture capital spanning industries, geographies, and stages of company growth. From Staples to Skype, VeriSign to Yelp, LinkedIn to Pinterest, BVP has helped incubate and support companies that have anchored significant shifts in the economy. More than 100 BVP-funded companies have gone public on exchanges in North America, Europe, and Asia. See www.bvp.com or follow BVP on Twitter (News - Alert) @bessemervp.

About Cedar Fund

Cedar FundĀ is an international venture capital firm with offices in Israel and Boston that invests in Israel-related high technology companies. With its investment track record and over $325 million under management, Cedar Fund is among the most notable and active venture firms focusing on Israel-related investments. Cedar Fund invests in outstanding entrepreneurs pursuing high growth markets with distinguished technologies in enterprise software, Internet, mobile, digital media, CleanTech, networking and telecommunications. For more information, please visitĀ www.cedarfund.com.


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