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Hyperic raises $6.1 million; Takes on HP OpenView in the new world
By Vivek | June 5th, 2007 at 04:50 pm ET
Didn’t I say Open-Source - new way of life in enterprise world and where major funds are flowing in? Well, Hyperic is yet another startup that is proving that statement right. The San Francisco, CA announced today that it has raised $6.1 million in Series B round of venture funding. The funding round was led by Benchmark Capital with Accel Partners joining in.
Founded in March 2004 and bootstrapped by the 4 co-founders, Hyperic had raised $3.8 million Series A in May 2006. At the time of it’s launch Hyperic was a team of 5 that has now grown to 25 people. As for customers, they had 13 customers in early 2006. That number now stands at over 300 customers. As for the live deployment - 700 + and many more which they cannot track cause of the obvious reasons. Actual name of customers - eHarmony, Ask.com, Hi5, and Stanford University among others. All above not small achievements by any means when you are competing with the likes of HP.
Hyperic offers systems management software purpose-built to enable maximum availability of web infrastructure. In other words it is specifically the modern day startup and companies that offer SaaS based application to their users. While the users are worried just about the front-end to showup at any point of time, infrastructure people have lot of worry about from webservers to appservers to databases to the actual machines. Hyperic enables infrastructure teams to control and monitor their web operations environment from a single portal using their open-source solution.
As you might expect Hyperic offers a free version that has most of the basic features for free. Additional features and technical support come on subscription basis that depends on the number of machines being managed. Typical pricing model - Silver Support costs $120/machine/year, Gold costs $500/machine/year, and Diamond support is priced at on case-by-case basis that offers 24/7 technical support. So, which support level is your app on? Don’t tell me you are serving millions of users without Hyperic to back you up.
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