Cloud Management Software Provider, Egenera, Secures $16M In Funding From Comvest Partners

Egenera, a provider of converged infrastructure and cloud management software, has received $16 million in funding from Comvest Partners through its Comvest Capital II/III funds. The funds will be used to further enhance product innovation and aggressively drive its go-to-market strategy.

cloud-management-softwareEgenera’s cloud hosting and data center infrastructure management software, Egenera PAN Cloud Director and PAN Manager software, would provide a simple yet powerful way to quickly design, deploy and manage IT services while guaranteeing those cloud services automatically meet the security, performance and availability levels required by the business.

“Egenera’s technology is unique within the cloud management space putting them in a position to take a significant share of the market,” said Dan Lee, managing director of Comvest Partners. “We are excited to invest in the future growth of this company, and feel they have the proven executive team and technology for success.”

Fueling sales and marketing efforts

Headquartered in Boxborough, Mass., Egenera has thousands of production installations globally, including premier enterprise data centers, cloud hosting service providers and government agencies.

“With cloud transforming businesses of all kinds, our technology puts us at a strong competitive advantage which is what made us such an interesting investment prospect,” said Pete Manca, CEO of Egenera. “The new funding will help fuel our sales and marketing efforts, enabling more companies to transform the way they manage their cloud hosting infrastructures and virtual data centers.”