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IT operations analytics provider Moogsoft raises $30 million

By TechTaffy Desk

Moogsoft, a provider of IT Operations Analytics (ITOA) software for private, public cloud and hybrid IT environments, has secured $30 million over two phases of Series C financing.

Northgate Capital led the first phase, joined by SingTel Innov8 and existing investors Cisco Investments, Redpoint, and Wing. New investor Singapore Technologies Telemedia (ST Telemedia) led the second phase of the round with participation from HCL Technologies. Moogsoft says the funding will be used to fuel expansion of the company’s global operations.

Moogsoft customers include Cisco, Royal Bank of Canada, Yahoo, GoDaddy, Cisco, HCL, TiVo and T-Mobile according to the company website.

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