Tech Company Financing Transactions
ObserveIT Funding Round
ObserveIT, operating out of Boston, secured $33 million from Bain Capital Ventures, NightDragon Security and Spring Lake Equity Partners.
Transaction Overview
Company Name
Announced On
7/18/2018
Transaction Type
Venture Equity
Amount
$33,000,000
Round
Series B
Investors
NightDragon Security (David DeWalt)
Spring Lake Equity Partners (Jeffrey Williams)
Proceeds Purpose
The funding will be used to accelerate innovation for ObserveIT's award-winning insider threat management solutions and to expand ObserveIT's sales and marketing teams to support the company's global growth. This will enable the company to fulfill the growing demand for its threat detection solution across the globe.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
200 Clarendon St. 21st Floor
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
Since launching the company in 2006, the ObserveIT team has been passionate about making life easier for IT managers, security officers and compliance officers. Our unique server monitoring and auditing technology, now in its fifth generation, delivers market-leading functionality with enterprise-grade reliability.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael McKee
Chief Financial Officer
Brian Popiel
Chief Marketing Officer
Simon Sharp
Chief Technical Officer
Alex Kremer
Vice President
Kristin Thornby
VP - Engineering
Tal Tikotzki
VP - Finance
Nicole Durocher
VP - Marketing
Erica Sheehan
VP - Product Management
Mayank Choudhary
VP - Sales
John Vigeant
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