Tuesday, May 8, 2012

CopperEgg Raises $2.1M, Names CEO

Austin-based CopperEgg, the devleoper of cloud monitoring and analytics software, announced this morning that it has raised $2.1M in additional funding as part of its Series A round. The firm said that Silverton Partners lead the round, and also included Webb Investment Network, the investment fund of former eBay COO Maynard Webb, and Kenny Van Zant, formerly of Asana. The firm said it has now raised $4.1M in funding. In addition, CopperEgg says it has named Bob Quillan as it new CEO; Quillin has served at Hyper9 (acquired by SolarWinds), EMC Lonix (acquired by VMware), and nlayers (acquired by EMC). More information »