Wednesday, July 25, 2007

Stratavia Garners $6.25M in Series B Funding

Stratavia, a developer of IT run book automation software, revealed Wednesday that it has closed its second round of funding after securing $6.25 million in financing. Stratavia said previous investor Asset Management Company led the effort, while first-round backers Adams Street Partners and Vista Ventures also participated. Stratavia said it will use the money to accelerate technology development and to expand its sales and marketing efforts. Founded in 2001, Stratavia is a privately held company headquartered in Denver. More information »