Correlsense Secures $3M in Funding

July 20, 2012

Correlsense has closed $3 million in series C financing with investors including Accel Partners, Vertex Venture Capital, ProSeed Venture Capital Fund, eXeed Technology, and Technion Research & Development Foundation.

This funding will enable Correlsense to expand sales and technology partner channels as well as enhance its sales and marketing teams.

The company will continue to invest in adding innovative functionality to future versions of its SharePath Data Center and Real User Monitoring products.

"Coming after our recent successes, we remain excited about the exceptional opportunity that exists for operations-focused application performance management tools," said Ken Marshall, CEO of Correlsense. "This financing allows us to build on our new customer wins that enhance our leadership in end-to-end application monitoring for the enterprise."