observIQ
3225 North Evergreen Drive North East Suite 103, Grand Rapids, Michigan, 49525, United States
Overview
Blue Medora is an IT monitoring integration company that interconnects over 150 technologies across cloud computing, on-premise hardware and virtual desktops. The company recently introduced BindPlane, an IT monitoring integration service that collects and provides data across the entire stack, identifies performance issues, and eliminates blind spots with built-in dashboards for centralized collection and reporting of rich dimensional data. Blue Medora serves more than 350 marquee brands, including Chase, Delta and Safeway. It received a $10M growth investment from Edison Partners and intends to use the funds to accelerate growth in the enterprise market. As part of the financing, Edison Partners’ Lenard Marcus joined Blue Medora’s board of directors. Nathan Owen is CEO and co-founder and leads the company from Grand Rapids, MI. Blue Medora is a Grand Rapids, MI-based provider of integration software for common application performance management, cloud management and database management platforms. Its software extends cloud management, APM and IT operational analytics platforms by adding health, performance and relationship data on underlying compute, storage and network infrastructure. The company also offers SelectStar, a database performance-monitoring platform that combines database and cloud infrastructure monitoring to track and optimize critical database performance and availability metrics. Led by CEO and co-founder Nathan Owen, Blue Medora recently closed an $8M Series B1 to support growth. The company intends to use the proceeds to expand sales, marketing and R&D investments. The Series B1 was led by First Analysis with participation from existing investors Lewis and Clark, Wakestream Ventures and eLabs Ventures. Blue Medora creates software that offers a single view of applications, databases and infrastructure to resolve IT issues, increase uptime and optimize performance. The company is known for developing extensions for virtualized and application management platforms such as Oracle, IBM, VMware vRealize and New Relic. Last month it launched SelectStar, a SaaS-based solution that unifies database and cloud infrastructure monitoring. Blue Medora intends to use new funds to increase customer adoption, channel growth, global presence and technology partnerships. Led by co-founder and CEO Nathan Owen, the company has raised $14.5M in total capital since its inception. It is based in Grand Rapids, Michigan. Blue Medora provides cloud-based software solutions that enable administrator teams to work collaboratively on infrastructure to avoid downtime, resolve performance problems and make predictive insights using advanced analytics. The company supports VMware’s vRealize Operations and Oracle Enterprise Manager Cloud Control platforms and plans to continue integrating its software into additional cloud management platforms. Led by co-founder and CEO Nathan Owen, Blue Medora intends to use new funding to grow its engineering, sales and marketing teams. The announcement states the company has raised $6.0M in total funding following the latest round. The company is based in Grand Rapids, Michigan, and will expand platform integrations as a primary product development focus. No operating metrics were disclosed in the article. Blue Medora develops virtualization and cloud monitoring and management plugins that extend popular enterprise management systems such as Oracle Enterprise Manager and IBM Tivoli. The company has produced a range of certified integration products that extend monitoring and management to cloud, virtualization, ERP, CRM, enterprise directory and messaging software. It is working on systems management and monitoring solutions to extend Oracle EM's virtualization capabilities through VMware integration. Blue Medora intends to use new funding to continue to expand and to commercialize its plugins. The company was founded in 2007 and is led by CEO Nathan Owen. It currently employs 22 people and expected to add another 13 employees in the next 18 months.
- Total raised
- $32M
- Funding rounds
- 5
- Latest round
- Equity
- Latest activity
- Sep 2018
Industries
- Analytics
- Cloud Computing
- DevOps
- Enterprise Software
- Internet
- Management Information Systems
- Software
Recent funding
Equity
Sep 2018
$10M
Series B
Oct 2017
$8M
Series B
Oct 2016
$9M
Series A
Jun 2015
$5M
Equity
Jan 2013
$1M