PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Evolven

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Pitango Venture Capital and Index Ventures Make Additional Investment in Evolven Software - Pitango Venture Capital and Index Ventures invested further in Evolven’s SaaS-based configuration management software, the industry’s most adaptive change management analytics - Evolven.com
Pitango Venture Capital and Index Ventures Make Additional Investment in Evolven Software

 

NewswireToday - /newswire/ - Jersey City, NJ, United States, 2011/12/05 - Pitango Venture Capital and Index Ventures invested further in Evolven’s SaaS-based configuration management software, the industry’s most adaptive change management analytics - Evolven.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Pitango Venture Capital and Index Ventures completed another round of investment in Evolven Software, the provider of breakthrough change and configuration management software for the modern data center and cloud.

The Evolven solution was specifically designed to meet the demanding dynamics and complexity requirements driving today's IT environments. Evolven redefines change and configuration management with its groundbreaking software-as-a-service Change and Configuration Monitoring solution, enabling companies to dramatically increase the stability of their IT environments, reduce the risk of production outages, lower operating costs, and cut environment incident investigation time and effort.

"More than ever the industry is finding that existing IT change management and configuration management tools are too rigid and limited for collecting and analyzing comprehensive environment configuration information, especially at a granular level of detail," says Sasha Gilenson, Evolven CEO. "This round of investment from some of the world's leading venture capitalists shows the enthusiasm for bringing a new analytics driven SaaS-based model to allow IT operations to know exactly what has changed in their environments and maintain environment consistency."

Recently, Enterprise Management Associates (EMA) senior analysts explored why it has never been more challenging to effectively cope with the impact of change and configuration issues in the modern data center. In the report, they identify Evolven as having unique qualities over other enterprise vendors, stating: "… none appear to have delivered as distinctive and adaptive a footprint in this arena as Evolven."

This round of financing will be used for further development of Evolven's SaaS-based Change Monitoring solution, targeting delivery to both the U.S. and European markets. Evolven is also available as an on-premise option.

"Evolven's SaaS model has a strong first-mover advantage, and an unprecedented opportunity to redefine configuration management, by making it accessible and consumable across IT operations," says Rona Segev-Gal, General Partner at Pitango Venture Capital,"Evolven is simple to use, it can be up and running in a few minutes and provides significant opportunities to improve IT operations, efficiency and time-to-value."

Pitango Venture Capital is Israel's leading venture capital firm investing in technology entrepreneurs since 1993. With offices in Israel and Silicon Valley, California, Pitango currently manages several venture funds totaling over $1.3 billion in committed capital invested in more than 100 companies.

Index Venturesis a leading European venture capital firm active in technology venture investing since 1996. The firm is dedicated to helping top entrepreneurial teams in the Information Technology and Life Science sectors build their companies into market defining global leaders.

About Evolven
Evolven redefines change and configuration management with its groundbreaking Change and Configuration Monitoring solution. Evolven's software-as-a-service solution enables companies to dramatically increase the stability of their IT environments, reduce the risk of production outages, lower operating costs, and cut environment incident investigation time and effort.

Evolven is a privately held, venture backed company headquartered in the U.S., with presence in the US, Europe and the Middle East and a development center in Israel. Evolven's executive team and advisory board include world-renowned experts from the world of IT management and enterprise software.

Evolven's investors are leading venture capital firms Pitango Venture Capital and Index Ventures.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Evolven

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Pitango Venture Capital and Index Ventures Make Additional Investment in Evolven Software

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Martin Perlin - Evolven.com 
888-434-3408 martin[.]evolven.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Evolven securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Evolven / Company Profile


Read Software Most Recent Related Newswires:

CommutAir Leverages The Weather Company, an IBM Business, to Harness the Power of Big Data from the Tarmac
Leading Independent Research Firm Cites TIBCO as a Strong Performer in Insight Platform Report
Saba Named a Leader in Learning and Performance Management
Infor Recognized as Top Retail Software Provider in 2016 RIS News LeaderBoard
IBM Debuts Blockchain Ecosystem to Help Accelerate Growth of Networks on Hyperledger Fabric
Permanent TSB to Improve Contact Centre Performance and Compliance with Noble Systems Composer Real-Time Speech Analytics
Rush Health Selects InterSystems HealthShare to Integrate Health Records, Support Value-Based Care
IBM Launches New Bluemix Services with GitHub and Slack Integration to Speed App Development in the Cloud
Yellowfin Launches Analytics Industry’s First Virtualized Integrated Data Preparation Module
TIBCO Releases TIBCO Mashery Local API Management Solution for Hybrid Gateway Deployments
Comways and Altitude Highlight Flexible Solutions at Belgium Contact Center Congress
Gruppo Campari Chooses OpenText Business Network for B2B Growth
Infor Delivers Enhanced Mobile Equipment Solution
Mentor Graphics and SiliconIndia Announce 2016 Leadership Awards for the Embedded/VLSI Industry
Korean Retailer Homeplus Optimizes Store Planning with JDA Category Management

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)