Monday, August 22, 2005

Coradiant Raises $12.7M

San Diego-based Coradiant is announcing today that has raised $12.7M in a venture funding round from DCM - Doll Capital Management. Prior investors GrandBanks Capital and Desjardins Venture Capital, as well as new investor Miramar Venture Partners also partipated. Coradiant is developing datacenter performance monitoring technology for managing datacenters. The company also added Brett Helm as CEO. The company had announced Helm as CEO earlier this month. Helm was previously CEO of iPivot. More information »