Akorri Networks is a company that aims to revolutionize virtualized data centers by offering innovative performance management and predictive analysis technology. Founded in 2005 and headquartered in Littleton, Massachusetts, the company provides tailored performance management software, with their flagship product being BalancePoint, an agent-less management solution. This technology is used by a wide range of IT professionals, including IT operations, infrastructure managers, system/storage administrators, and application owners. One of the standout features of BalancePoint is its Cross-Domain Analysis technology, which allows the gathering and correlation of application performance data from servers, storage, and infrastructure software across different domains. Additionally, the software includes Application Fingerprinting technology, enabling the characterization and profiling of application workloads. It models how applications use various infrastructure resources over time, providing valuable insights for users. The company's software also boasts Performance Dynamics Modeling technology, which serves to alert users to potential application performance issues before they arise, thus allowing for timely preventive action. Alongside its software offerings, Akorri, Inc. also provides professional services, assessments, and training. In terms of investments, the company secured a significant $10.10M Series E investment on 25 March 2010, with Greenspring Associates being the investors in this round. Akorri Networks operates within the Enterprise Software industry, positioning itself as a key player in the space with its innovative and practical solutions for managing and optimizing virtualized data centers.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series E | $10.10M | 1 | 25 Mar 2010 | |
Venture Round | $5.00M | - | 09 Sep 2009 | |
Series C | $15.00M | 4 | North Bridge Venture Partners & Growth Equity | 10 Sep 2007 |
Series B | $15.20M | 2 | North Bridge Venture Partners & Growth Equity | 03 Apr 2006 |
Series A | $8.43M | 3 | North Bridge Venture Partners & Growth Equity | 05 May 2005 |
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