Xangati raises $10.7M to identify delivery problems in corporate networks
Xangati, a Cupertino, Calif. company that identifies delivery problems within corporate networks, said it has raised $10.7 million in a second round of financing.
The round was led by new investor Walden International, and included existing investor Alloy Ventures, which led the company’s first round two years ago. The company has now raised $18 million.
The company calls its technology “Rapid problem identification,” and works by precise monitoring of “endpoints” within a network, such as servers and applications, to make sure a company’s network is running smoothly.
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