May 23, 2012 10:00AM News as reported by the company:

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SANTA CLARA, CALIF., May 23, 2012 -- AccelOps, Inc., the leader in integrated Security Information and Event Management (SIEM), and performance and availability monitoring for on-premise and cloud -based data centers, today announced that it has added 150 customers and raised $15 million in new funding. These developments underscore the company's ability to meet the growing demand for more secure , responsive and adaptive IT infrastructures, regardless of whether the infrastructure is physical, virtual , located on-premise or in the cloud. Since the company introduced its product two years ago, over 150 customers have deployed AccelOps software to integrate the security, performance and availability monitoring in more than 300 networks. Customers include managed service providers, government agencies and enterprises in all vertical sectors, including financial services, education, healthcare , manufacturing, and retail. AccelOps' ability to supply comprehensive and actionable operational intelligence empowers IT professionals to deliver more secure, responsive, and adaptive infrastructures than is possible with traditional single function tools. "With more organizations deploying private and hybrid cloud solutions, and increasingly sophisticated security threats looming, there is a broad and growing need to correlate and analyze events across the entire IT infrastructure in real-time," said Chris Rust, Partner at US Venture Partners (USVP). "As validated by their large and fast growing global customer base, AccelOps has developed a unique and compelling architectural approach that is the first to address this need with a unified 'single pane of glass' application that has proven scalability to large globally distributed multi-tenant environments. We are delighted to join the shareholder base of such an exciting IT infrastructure software company." USVP, one of Silicon Valley's premier venture firms, is leading this round of funding which raised a total of $15 million, which includes the participation of the company's existing investors. USVP has a long history of investing in lasting companies that define and dominate high growth markets in information technology, clean technology, and healthcare. The new funding in combination with the company's revenues will drive the expansion of the company's business. "Without AccelOps IT organizations would require multiple separate tools to monitor their infrastructure," said Elie Antoun, CEO of AccelOps. "The silo approach is expensive, non-scalable and incapable of delivering real-time comprehensive analytics, especially as the move to virtualization and the cloud accelerates. AccelOps was founded on the belief that the highest value to be delivered to IT infrastructure monitoring arises from true real-time cross-domain analytics. We are very happy that Chris and USVP are committed to supporting the successful execution of this goal." AccelOps architected a new generation of integrated monitoring and security software from the ground up to deliver real-time, cross-correlated information from almost any source across an organization's entire IT infrastructure. The AccelOps solution is agnostic to whether the IT infrastructure is physical, virtual, on-premise, or located in the cloud. Uniquely, the AccelOps solution scales more easily than other software because it runs on virtual machines that can be easily added or subtracted as the number of monitored events changes. Its multi-tenant capabilities provide a comprehensive view of the information and can be tailored for individual customers or groups. And, the AccelOps solution comes with over 1000 ready-to-use reports and rules for 200 security threat scenarios that allow users to detect and make sense of complex IT patterns and events in real time. More information about AccelOps is available online at www.accelops.com. About AccelOps (continued...) 1  |  2  |  Next Page >   Tell Us What You Think Comment: Name:

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