HomefundingCloudmeter Closes $5M Series A Financing

Cloudmeter Closes $5M Series A Financing

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Cloudmeter (previously known as Atomic Labs), a Mountain View, CA-based big data capture and analytics company, has closed a $5m Series A financing.

The round was led by Meakem Becker Venture Capital (MBVC).

The company intends to use the capital to introduce – later this year – its next generation Real User Monitoring as a Service (MaaS) offering, which is designed to help customers understand and improve their end-usersā€™ experiences. It targets cloud-based as well as datacenter and hybrid applications, and focuses on providing the most relevant and effective information with ease of use and cost in mind.

The funds will also help Cloudmeter expand development, sales and marketing to support demand for its existing Pion Enterprise, a real-time big data capture, processing and integration solution that helps companies maximize the value of the massive amounts of information available within their network traffic; and Pion Replay, a customer experience management product that enables companies to identify, find and replay individual website visitor sessions.

The company is led by Founder and CEO Mike Dickey.

FinSMEs

27/04/2012

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