Sentilla Corp., a maker of software to monitor and automate data center work loads, has raised $15 million in Series C financing. SingTel Innov8 Ventures, the corporate venture arm of the SingTel Group, led the round. Existing backers ONSET Ventures and Claremont Creek Ventures also participated in the round. The money will be used to expand sales and marketing efforts.
Sentilla Corporation, leading provider of IT infrastructure software that discovers, monitors, analyzes, plans and automates data center workloads, today announced it has secured $15 million in Series C financing. The funding round was led by SingTel Innov8 Ventures, the corporate venture arm of the SingTel Group, with participation from Sentilla’s existing backers, ONSET Ventures and Claremont Creek Ventures. The infusion of capital will be used for sales and marketing expansion.
Sentilla is poised to deliver on its unique business model when enterprises need it most. IT executives that are developing strategies for upcoming quarters are increasingly asked to support new business initiatives with diminishing budgets. Sentilla allows IT executives to treat data centers as an opportunity to generate new revenue and increase profits. With instant visibility into operations and the planning tools, IT executives can make strategic decisions that minimize capital investment and operating expenditure, and will be able to deliver at least double the business value and revenue potential of the IT services they control. It is Sentilla’s immediate, granular view of the data center that, for the first time, positions IT departments as a profit center instead of a financial burden.
Yvonne Kwek, CEO of SingTel Innov8, said, “Sentilla’s technology of maximizing business value from IT organizations addresses a critical need – not just for the telecommunications industry, but also in other enterprises that are looking to leverage IT to drive greater revenue and profitability.”
Sentilla’s sophisticated resource and cost planning enable telecommunications and media companies to deliver new business offerings, especially with the emergence of cloud services. With predictive analytics, Sentilla empowers proactive planning for upcoming requirements, cloud strategy and the implementation of flexible IT infrastructures. Enterprises gain the ability to maximize the evaluation, design, implementation and operation of physical, virtual and cloud IT infrastructure.
“We’re leading the charge to turn IT upside down and deliver more services using less resources,” said Mike Kaul, chief executive officer of Sentilla Corporation. “Sentilla is the only company that can provide the diagnostic insight to drastically reduce data center costs AND increase company revenue as well as profitability. This funding is a validation of what we’ve been seeing in the market and hearing from our valued customers, and provides us with the resources to accommodate growing demand.”
Sentilla’s award-winning, innovative features include patent-pending Sentilla Virtual Meters, which computes the power consumption of unmetered assets, performs “what-if” analysis to predict future performance, and accurately tracks and predicts application performance and energy used in both virtual and dedicated environments. It is unique in the data center infrastructure management (DCIM) space because of its leadership position as the most integrated solution empowering the software with more data points providing a more comprehensive view of the data center environment than any other solution.
About Sentilla Corporation
Sentilla maximizes data center efficiency through physical, virtual, and cloud IT infrastructure optimization. With application software that discovers, monitors, analyzes, plans and automates data center workloads, Sentilla connects performance with spending to accelerate business agility at the lowest possible cost. Sentilla has received industry praise for the company and its technology, most recently being named a ‘Cool Vendor’ by Gartner in data center infrastructure management and included in GigaOM’s Structure 50 list of the top cloud computing and infrastructure companies.
About SingTel Innov8
SingTel Innov8 (Innov8), a wholly-owned subsidiary of the SingTel Group, is a corporate venture capital fund, with its own set of decision making, approval and funding processes. It has an initial fund size of S$200 million. Innov8 focuses its investments on technologies and solutions that lead to quantum changes in network capabilities, next generation devices, digital content services and enablers to enhance customer experience. It works closely with the ecosystem of leading innovators, developers, government agencies, R&D and capital providers to bring cutting-edge technologies and solutions to the various markets the SingTel Group operates in.