Deals

Appnomic snags $4.2M for application management

Information technology software provider Appnomic Systems (formerly Vitage Technologies) announced today that it brought in $4.2 million from Norwest Venture Partners to gain traction in the U.S. and advance product development. Based in Bangalore, India, it already has an office in Palo Alto, Calif.

In particular, Appnomic gives its client companies tools to gauge how their applications are performing and being used, and alerts users to any deviation from the norm. It says it already has a major bank and several real estate companies on its roster of clients, but didn’t name any names. While it’s a leading name in India, it will probably face some stiff competition in the U.S., where the infrastructure management space includes heavy hitters like Oracle.

The company’s prior investment history has not been disclosed.

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  1. [...] company is based in Bangalore, India, but has an office in Silicon Valley. In 2009, it pulled in its first round of funding. Today, this new round brings its total investments to $12.5 [...]

  2. [...] experienced moderate growth The company is based in Bangalore but has an office in Silicon Valley. In 2009, it pulled in its first round of funding. Today, this new round brings its total investments to $12.5 million. Read more on [...]

  3. [...] company is based in Bangalore but has an office in Silicon Valley. In 2009, it pulled in its first round of funding. Today, this new round brings its total investments to $ 12.5 [...]

  4. [...] experienced moderate growth. The company is based in Bangalore but has an office in Silicon Valley. In 2009, it pulled in its first round of funding. This new round brings its total investments to $ 12.5 million. Read more on [...]