OpenService, a Marlborough, Mass.-based provider of enterprise event management solutions, has raised an undisclosed amount of Series D funding. Return backers include Advent International and Hudson Ventures. The company had previously raised around $19 million.
“What attracted me most to OpenService were the enthusiastic assessments of the company's products and services by customers I spoke with,“ Seibel said. “As their resources keep getting stretched, the more they count on event management systems to correlate the avalanche of their event data. By enabling them to identify risks to the availability of critical business services, InfoCenter products help keep revenue flowing. That's important to every enterprise that relies on technology.“
CEO Schmitt said the new round of investments “will provide us with the resources we need to promote one of the industry's best-kept secrets.“ Schmitt added, “Bill and I also look forward to expanding the company's efforts to help companies keep their businesses running by reducing IT risk without giving up comprising business agility.“
About OpenService
OpenService improves the reliability, performance and security of the world's most complex enterprise networks. The company specializes in Enterprise Event Management (EEM) software that scales to high volume, global implementations in use by hundreds of the world's best-known enterprises. OpenService's InfoCenter
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