AlarmPoint, IT management company, raises $7.5M more
AlarmPoint Systems, a Pleasanton, Calif. company that sells software to large companies so that they can manage their information technology processes, said it has raised $7.5 million in debt and equity financing.
JMI Equity led the $4.5 million equity round. Meanwhile, Bridge Bank, provided the debt.
Here’s a copy of the company’s press release. A snippet is below:
The AlarmPoint applications reduce false alerts by targeting the appropriate IT personnel, communicating with remote personnel on their preferred voice or text device and enabling personnel to take actions to restore or repair service.
“Today’s mobile IT workforce needs to manage complicated infrastructure, data center operations and service impacting events from remote locations,” said Troy McAlpin, CEO of AlarmPoint Systems. “More and more enterprises are focusing on automating the event notification and resolution process to instrument, automate and ensure resolution of IT events before the business is impacted.
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