Enterprise Cloud Computing
Intel Capital Closes Out Adaptivity's $10.3M Series A Funding Round
$3M more invested in Adaptivity's intelligent IT blueprinting software suite
By: Jeremy Geelan
Nov. 17, 2010 10:45 AM
"Large enterprises are increasingly interested in data center optimization and cloud computing technologies," said Bryan Wolf, Managing Director of Intel Capital, as Adaptivity - known throughout the industry as The IT Blueprint Company - announced today that it has raised an additional $3M of venture capital financing from Intel Capital, thuscompleting its Series A round of funding and bringing the total to $10.3 million.
Adaptivity’s software suite is well positioned to take advantage of this market trend," continued Wolf, "by enabling IT organizations to improve infrastructure performance and agility, transition to the Cloud, consolidate and optimize infrastructure, and meet compliance and risk requirements.”
Adaptivity’s IT blueprinting software enables companies to codify and embed best practices, IT standards and rules into the infrastructure design and deployment lifecycle with the precision needed to achieve desired outcomes. This is accomplished by providing access to a content rich information repository consisting of a blueprint library, knowledge database and data contributions from its ecosystem partners.
“Whether seeking to optimize legacy infrastructure operations or accelerate the delivery of new IT Services, our IT blueprinting software allows companies to systematically leverage their knowledge capital and ensures that everyone involved is on the same page from concept through to the datacenter.” said Tony Bishop, CEO and Founder of Adaptivity, a long-time Platinum Plus sponsor of the International Cloud Expo series.
Intel Capital is Intel's global investment organization and invests in early stage companies like Adaptivity that complement Intel’s core business operations.
The $3M funding will be used to accelerate product development and scale sales and marketing infrastructure to support growing market demand for Adaptivity's "Blueprint 4IT Lifecycle Suite" software products.
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