Centeris Corporation Secures $11.5 Million in Series B Financing

Strategic Insights -

Centeris Corporation, a leading developer of software for managing Linux servers in a Microsoft Windows network, has raised $11.5 million in Series B financing from prominent venture capital firms, including Trinity Ventures and Intel Capital, with existing investor Ignition Partners participating in the round. The funding will be used to expand sales and marketing activities and to fund future product development. The company's flagship product, the Centeris Likewise Management Suite, has gained significant traction, with over 1,000 companies participating in its beta evaluation program.

Key Takeaways:

  • Centeris Corporation has secured $11.5 million in Series B financing from Trinity Ventures, Intel Capital, and Ignition Partners to expand sales and marketing activities and fund future product development.
  • The Centeris Likewise Management Suite, a server management solution for Linux servers in a Windows network, has gained significant interest, with over 1,000 companies participating in its beta evaluation program.
  • The product simplifies configuration of Linux servers, provides Windows-based tools for day-to-day server management, and improves compatibility between Windows and Linux.
  • Integration of Linux and Windows servers is a critical issue, especially for organizations with mixed operating system environments.
  • The funding will enable the company to further develop its product and expand its sales and marketing efforts.

Statistics:

  • Centeris Corporation has raised $11.5 million in Series B financing.
  • Over 1,000 companies participated in the beta evaluation program for the Centeris Likewise Management Suite.
  • The company has secured investment from prominent venture capital firms, including Trinity Ventures, Intel Capital, and Ignition Partners.
  • The Centeris Likewise Management Suite is the first server management solution to seamlessly integrate Linux servers in a Windows network.
  • The company has a strong management team, with senior executives from leading technology companies, including Microsoft, F5 Networks, EMC, and Mercury.

Sources:

  • Trinity Ventures. (n.d.). About Us.
  • Intel Capital. (n.d.). About Us.
  • Centeris. (n.d.). About Us.
  • Centeris. (January 2006). Centeris Secures $11.5 Million in Series B Financing.