Zenoss Closes 2008 with 100 New Enterprise Customers & $15M in Financing
Zenoss Inc., the leading provider of commercial open source systems and network monitoring, today announced tremendous momentum through the end of 2008. In addition to astounding growth in commercial enterprise sales throughout the year, the company raised an additional $15 million of financing, was recognized with many awards including being named a finalist for a Jolt Award in the Enterprise Tools category and secured twice as many downloads as its nearest competitor in commercial open source IT management for 2008.
Zenoss added 110 new enterprise customers during the year, including Carlson Travel, Tyco Electronics, Cap Gemini, Formica and iStockphoto. Others, such as UTStarcom, Medifast, OpSource, OmniPresence, Broadcom, Johns Hopkins and Rackspace, renewed their annual subscriptions. Zenoss has gained the most traction in financial services, federal government, and among leading managed service providers where Zenoss management solutions are now routinely replacing traditional products from the “Big 4” systems management vendors (IBM, HP, BMC and CA).
As a result of this significant growth, Zenoss secured an additional $4 million in new financing from Silicon Valley Bank in December bringing the total raised to $15 million for the year and over $20 million cumulative. Other funding partners include top-tier venture capital firms Grotech Ventures, Intersouth Partners and Boulder Ventures.