AlarmPoint, IT management company, raises $7.5M more

August 21, 2007 | Matt Marshall

AlarmPoint Systems, a Pleasanton, Calif. company that sells software to large companies so that they can manage their information technology processes, said it has raised $7.5 million in debt and equity financing.

JMI Equity led the $4.5 million equity round. Meanwhile, Bridge Bank, provided the debt.

Here’s a copy of the company’s press release. A snippet is below:

The AlarmPoint applications reduce false alerts by targeting the appropriate IT personnel, communicating with remote personnel on their preferred voice or text device and enabling personnel to take actions to restore or repair service.

“Today’s mobile IT workforce needs to manage complicated infrastructure, data center operations and service impacting events from remote locations,” said Troy McAlpin, CEO of AlarmPoint Systems. “More and more enterprises are focusing on automating the event notification and resolution process to instrument, automate and ensure resolution of IT events before the business is impacted.

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About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.