Welcome!

Virtualization Authors: Jason Bloomberg, Pat Romanski, Dana Gardner, Liz McMillan, Maureen O'Gara

Related Topics: Virtualization, Cloud Expo

Virtualization: Article

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
Article Rating:
November 17, 2010 10:45 AM EST
Reads:
 4,733

"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.

Published November 17, 2010 – Reads 4,733
Copyright © 2010 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.

More Stories By Jeremy Geelan

Jeremy Geelan is President & COO of Cloud Expo, Inc. and Conference Chair of the worldwide Cloud Expo series. He appears regularly at conferences and trade shows, speaking to technology audiences both in North America and overseas. He is executive producer and presenter of Cloud Expo's "Power Panels" on SYS-CON.TV.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.