Hyperformix, provider of solutions for IT capacity and performance, today announced that it has secured a new round of equity and debt funding totaling $3.8 million. The funding will be used to drive accelerated growth and market penetration for its solutions aimed at the virtualization market. New investor LTI joins existing investors M/C Venture Partners and Morgan Stanley Venture Partners for the round.
Hyperformix will use the funds to expand engineering, marketing and sales of its IT capacity and performance solutions for virtualized environments.
The increasing importance of virtualization management in large scale IT shops has revitalized the market for IT capacity planning. According to Peter Klante, Hyperformix President and CEO, this funding will allow Hyperformix to solidify and accelerate its leadership position in this new and exciting market.
Hyperformix software’s advanced techniques produce accurate predictions of performance and capacity of key applications and deliver actionable insights through compelling interactive dashboards. Hyperformix can automatically assess the current health of IT systems and predict near- and long-term capacity and performance issues. Hyperformix solutions can be used in planning phases for IT changes, in test environments and to manage production environments.