News
News
2008
London, England, July 22nd 2008
Illumix Software announces today that it has raised $2M in a Series A round of funding. Lead funding is provided by NorthStar Equity Investors and the round includes private investors. NorthStar Equity Investors, which is based in Newcastle, is a venture capital firm that specialises in early stage high-growth opportunities.
Nick Kingsbury, Interim Board Member advised Northstar and the company through to October 2008.
The investment will be used to accelerate product development, and to extend the range of sales and marketing activities. The primary focus is on maximising the business value that customers can extract from Illumix’ products and services.
About Illumix
Illumix Software was founded in 2007 with the goal of defining a new way to manage and maintain IT infrastructure, by focusing on the business value of IT. This enables organisations to make informed decisions on IT strategy, investment and optimisation. The majority of Illumix’ customers are multinational companies, primarily in Financial Services, who operate complex networks with a wide variety of hardware, software and network infrastructure.
Illumix is headquartered in the UK, and will continue to develop its international presence.
Illumix Secures $2m funding
22 July 2008