Frame Relay Play Entuity Nets $8.5 Million

Entuity, an IT infrastructure management software company, has what venture investors are looking for these days: steady sales in cutting edge IT products.

by @NY Staff [July 25, 2002]

On the heels of its most successful quarter to date, the New York-based Entuity closed an $8.5 million round, bringing its total raised to $22 million.

The funds are expected to help Entuity market its latest product: version 2.7 of Eye of the Storm, a network management tool that actively polls devices on a network in order to pinpoint hard or soft faults and ensure the availability of all applications.

The product features frame relay management tools, including extensible architecture, designed to speed the adoption of new infrastructure technologies.

Built by techies with experience in financial service IT systems, the Entuity product deploys a method called Multi-Threaded Packet Stuffing, which deconstructs every device on a network into its components and monitors them separately.

The company said its proprietary device-polling engine essentially looks at six levels of detail with every network device: status of each module; availability and degradation levels of interface states; how modules talk to each other in the backplane; fans and power supplies; which ports a server needs; and which applications are running on every server. Entuity said all of its products are built on open standards for complete interoperability.

Customers and partners with Entuity include Ark Asset Management, Compaq, Invesco, and Credit Suisse First Boston.

Investors in the round were original backers LMS Capital, plus Amadeus Capital Partners and Spectrum Equity Investors.

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