Wednesday, December 1, 2010

Appnomic Finds $2.5M

Palo Alto-based Appnomic Systems, a provider of infrastructure performance management services, said today that it has raised $2.5M in a Series B funding round. The round was led by Norwest Venture Partners. The firm said the funding will go towards enhancing its sales presence in the U.S., to launch in Europe, and enhance its platform. Appnomic was started in Bangalore. More information »