BEZ Systems Receives $2,000,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4cb48aba-293c-4e41-90fc-17d7f628a9df&Preview=1 -
Date
1/30/2008 -
Company Name
BEZ Systems -
Mailing Address
345A Summer Street Boston, MA 02210 -
Company Description
BEZ Systems is an emerging, venture-backed software company that offers innovative Predictive Performance Management (PPM) solutions that provide a line-of-business view of application resource utilization that allows the enterprise to accurately profile application performance, compare change and growth alternatives, forecast results to set expectations and verify actual performance results versus predictions so that SLAs can be met to ensure business continuity. -
Website
http://www.bez.com -
Transaction Type
Venture Equity -
Transaction Amount
$2,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The funds are being used to launch a new product line with multi-tier capabilities that will help IT managers directly and confidently address an ever-accelerating rate of change and complexity while controlling costs and ensuring that applications and databases perform as expected. -
M&A Terms
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Venture Investor
Ascent Venture Partners -
Venture Investor
Velocity Equity Partners -
Venture Investor
Massachusetts Technology Development Corporation
