MonoSphere provides cross-platform automated storage resource management (ASRM) software solutions. The company’s flagship product, MonoSphere Storage Manager™ delivers to enterprise customers the ability to centrally monitor, manage, control, and provision storage efficiently and automatically across all open systems storage vendors and architectures. By helping customers allocate and manage storage based on application needs, MonoSphere enables companies to deploy storage hardware based on actual usage rather than on assumptions, the current method. By giving enterprises maximum understanding and control over their storage, MonoSphere provides significant cost savings by directly eliminating unnecessary storage capital expenditure while taking a tremendous burden off of the IT staff. Customers include large enterprises in the high technology, airline, business services, and telecommunications industries.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 10/25/06 | Series B | 11M | Discovery Communications, FirstMark Capital, Harrison Metal, Menlo Ventures, Norwest Venture Partners, RU-COM, Asset Management Group, North Coast Technology Investors, Abbeton | Unknown |