Palo Alto-Based Solidcore Raises $10 Million in Third Round

Palo Alto, Calif. -- Solidcore Systems, a Palo Alto-based maker of information technology control systems, said on Tuesday that it has secured $10 million in its third round of funding, which included participation from previous investors Matrix Partners, Menlo Ventures and Sevin Rosen Funds. The company said that it will utilize the capital to expand its product deployment, customer support and channel capabilities. Solidcore also announced on Tuesday that it has surpassed the 50-customer milestone. The company's products are designed to help clients to more effectively control their IT operations.
http://www.solidcore.com/news/release26.html