Tech Company Financing Transactions
Prelert Funding Round
Prelert, based in Framingham, secured $3.8 million from Fairhaven Capital and Sierra Ventures.
Transaction Overview
Company Name
Announced On
9/8/2010
Transaction Type
Venture Equity
Amount
$3,750,000
Round
Series A
Investors
Fairhaven Capital (Rick Grinnell)
Sierra Ventures (David Schwab)
Proceeds Purpose
Prelert will use the funds to expand sales of their Incident Cause Analysis software, the first product to automatically find the causal chain of events behind business affecting IT service incidents.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
20 Speen St.
Framingham, MA 01701
USA
Framingham, MA 01701
USA
Phone
Website
Email Address
Overview
Our Incident Cause Analysis software employs advanced pattern detection algorithms, used in DNA sequencing the human genome, to quickly and accurately analyze terabytes of IT incident data. Our product self-learns how IT resources interact and quickly identifies the causal chain of events behind service incidents.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Jaffe
Chief Financial Officer
John O'Donnell
Chief Technical Officer
Steve Dodson
VP - Engineering
Sophie Chang
VP - Product Management
Mike Paquette
VP - Sales
John Sullivan
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