CiRBA Raises $12 Million With Sigma Partners
Investment Supports Growth of Leading Virtualization Analytics Software Vendor
Toronto, Ontario – January 28, 2008 – CiRBA Inc., a leader in Data Center Intelligence software, today announced that it has raised $12 million in its second round of institutional funding led by Sigma Partners. Existing investors including Edgestone Capital Partners and others also participated in the round. The funding will enable CiRBA to further accelerate growth on a global scale, with investments in sales, marketing and product development.
“CiRBA is uniquely positioned to help organizations realize their plans around data center virtualization. As almost every company today takes on this transformation, it is becoming very clear that the complexity of these initiatives and the resulting ongoing management challenges necessitate the kind of powerful analytics that only CiRBA provides,” said John Mandile, Managing Director of Sigma Partners and new member of CiRBA’s Board of Directors.
CiRBA’s software enables organizations to optimally transform data centers toward more virtualized infrastructure, and then powers the ongoing management of these more dynamic environments. CiRBA is the only solution that combines sophisticated cross platform data acquisition with an analytics engine that simultaneously optimizes against all configuration, workload and business constraints to proactively manage next generation data centers.
“We have experienced tremendous growth and response from customers, industry leading IT services partners and analysts alike over the past year,” said Gerry Smith, president and CEO of CiRBA. “We are thrilled to bring Sigma Partners into the fold and we look forward to benefiting from their extensive experience in helping organizations like CiRBA perform to their potential and navigate rapid growth.”
About CiRBA Inc.
CiRBA is a leading provider of Data Center Intelligence (DCI) solutions. CiRBA provides enterprise software that enables Global 5000 organizations to rapidly analyze and visually map the safest path to an optimally consolidated and virtualized data center. Using a unique cross platform, multi-strategy approach, CiRBA addresses all configuration, workload and business constraints to ensure success in any consolidation initiative. For more information, visit www.cirba.com.
About Sigma Partners
Founded in 1984, Sigma Partners is a leading early-stage venture capital firm. The Sigma team uses their deep operational experience to provide entrepreneurs with practical strategic counsel through every phase of company growth. With over $1.5 billion under management and bicoastal offices, Sigma invests in innovative technology startups across the United States. Some of the market leading companies in which Sigma has invested include Atria, Cascade, Clarify, Internet Security Systems, KLA-Tencor, Octel, VeriFone, Vermeer, and Vignette. For more information, please visit www.sigmapartners.com
Airfoil Public Relations for CiRBA Inc.