Wednesday, February 25, 2009

Apparent Networks Raises $12 Million in Third Round - Wellesley Hills, MA

Apparent Networks, a Wellesley Hills-based provider of IT performance management technology, announced on Wednesday that it has raised $12 million in its third round of venture capital, which was led by Egan-Managed Capital. Founded in 2000, Apparent Networks’ software is designed to provide service insight required for new “cloud” applications by assessing network readiness, monitoring service levels, and diagnosing problems otherwise hidden from sight. Other investors in the company include Bain Capital Ventures, JMI Equity and Business Development Bank of Canada.


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