Santa Clara-Based AccelOps Raises $15 Million in Funding

Santa Clara, Calif. -- AccelOps, a Santa Clara-based developer of integrated security, network and data center monitoring and management software, said on Tuesday it has raised $15 million in a new round of funding, led by USVP. Several previous backers also participated in the round, which the company will use to drive expansion. The news comes as the company, which introduced its first product two years ago, revealed it has now surpassed the 150-customer milestone. "With more organizations deploying private and hybrid cloud solutions, and increasingly sophisticated security threats looming, there is a broad and growing need to correlate and analyze events across the entire IT infrastructure in real-time," said Chris Rust, partner at US Venture Partners.
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