Blue Medora 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.
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.
“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.”
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.
The Latest
In MEAN TIME TO INSIGHT Episode 5, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses the network source of truth ...
A vast majority (89%) of organizations have rapidly expanded their technology in the past few years and three quarters (76%) say it's brought with it increased "chaos" that they have to manage, according to Situation Report 2024: Managing Technology Chaos from Software AG ...
In 2024 the number one challenge facing IT teams is a lack of skilled workers, and many are turning to automation as an answer, according to IT Trends: 2024 Industry Report ...
Organizations are continuing to embrace multicloud environments and cloud-native architectures to enable rapid transformation and deliver secure innovation. However, despite the speed, scale, and agility enabled by these modern cloud ecosystems, organizations are struggling to manage the explosion of data they create, according to The state of observability 2024: Overcoming complexity through AI-driven analytics and automation strategies, a report from Dynatrace ...
Organizations recognize the value of observability, but only 10% of them are actually practicing full observability of their applications and infrastructure. This is among the key findings from the recently completed Logz.io 2024 Observability Pulse Survey and Report ...
Businesses must adopt a comprehensive Internet Performance Monitoring (IPM) strategy, says Enterprise Management Associates (EMA), a leading IT analyst research firm. This strategy is crucial to bridge the significant observability gap within today's complex IT infrastructures. The recommendation is particularly timely, given that 99% of enterprises are expanding their use of the Internet as a primary connectivity conduit while facing challenges due to the inefficiency of multiple, disjointed monitoring tools, according to Modern Enterprises Must Boost Observability with Internet Performance Monitoring, a new report from EMA and Catchpoint ...
Choosing the right approach is critical with cloud monitoring in hybrid environments. Otherwise, you may drive up costs with features you don’t need and risk diminishing the visibility of your on-premises IT ...
Consumers ranked the marketing strategies and missteps that most significantly impact brand trust, which 73% say is their biggest motivator to share first-party data, according to The Rules of the Marketing Game, a 2023 report from Pantheon ...
Digital experience monitoring is the practice of monitoring and analyzing the complete digital user journey of your applications, websites, APIs, and other digital services. It involves tracking the performance of your web application from the perspective of the end user, providing detailed insights on user experience, app performance, and customer satisfaction ...
