Blue Medora Secures $8.6 Million in Series B Funding to Accelerate Adoption of Cloud Performance Monitoring

Source of the news: http://www.businesswire.com/news/home/20161012006064/en/Blue-Medora-Secures-8.6-Million-Series-Funding

Blue Medora, a leading innovator in software for enterprise cloud and data center management, today announced the close of an $8.6 million Series B round led by St. Louis-based Lewis & Clark Ventures. Blue Medora’s existing investors VMware, Inc., eLab Ventures, Start Garden and Grand Angels also supported the round, bringing Blue Medora’s total capital raised since its inception to $14.5 million. The new funding round exemplifies a growing shift of VC funding in technology companies outside of Silicon Valley.

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Blue Medora creates software that offers a single view of applications, databases and infrastructure to quickly resolve IT issues, increase uptime and optimize performance for business applications. Known for developing extensions for virtualized and application management platforms such as Oracle, IBM, VMware vRealize and New Relic, last month Blue Medora launched SelectStar, its first SaaS-based solution that unifies databases and cloud infrastructure monitoring. These Blue Medora IT operational analytics (ITOA) solutions provide IT managers, devops and database architects with complete visibility to the performance of their IT stack.

“Blue Medora is partnering with customers to advance adoption of multi-cloud, multi-database and dev/ops environments that make IT-as-a-service an economic reality,” said Nathan Owen, co-founder and CEO of Blue Medora. “We are excited to work with a bold and innovative team of strategic partners to help us expand our global reach and enable any enterprise to see everything about their IT operations from anywhere.”

“We believe Blue Medora is providing deep, game-changing insights that weren’t being addressed in the rapidly growing IT operational analytics market,” said Brian Hopcraft, managing director of Lewis & Clark Ventures. “An amazing amount of software innovation is happening at Blue Medora and throughout the Midwest, and we’re confident this partnership is going to accelerate Blue Medora’s ability to deliver the next breed of IT analytics solutions.”

“Blue Medora is leading the charge for enterprise IT organizations to extend the real-time performance and capacity management capabilities of VMware vRealize® cloud systems management platform to help customers avoid downtime and improve service delivery,” said Ajay Singh, senior vice president and general manager, Cloud Management Business Unit, VMware. “Our strategic investment and collaboration with Blue Medora will help fast-track the migration to software-defined data centers, enabling a single view of the IT stack across private, hybrid and public clouds, physical environments, applications and databases.”

For additional commentary, see “What the Industry is Saying about Blue Medora.”

Analytics for the Entire IT Stack

The new investments will scale the engineering, sales, marketing and support organizations to continue to meet the demands of enterprises IT departments requiring better insight and intelligence about their infrastructure. This funding follows major company milestones, including:

Marquee customer adoption – Enterprise customers, across all verticals, including the world’s most popular brands and many of the Fortune 500 are adopting Blue Medora.
Rapid channel growth – In August, VMware began making the Blue Medora’s True Visibility Suite available to its 75,000 channel partners.
Global presence – Blue Medora has expanded in EMEA and APJ and plans to hire in-region leadership.
Leading technology partnerships – Blue Medora jointly certified solutions with established and emerging technology leaders such as VMware, New Relic, Amazon, Cisco, Citrix, Dell, IBM, Mongo, Microsoft, NetApp, Oracle and SAP.

About Calsoft

Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com

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