Welcome!

@CloudExpo Authors: Carmen Gonzalez, Pat Romanski, Jason Bloomberg, Roger Strukhoff, Liz McMillan

News Feed Item

Blue Medora secures $1.25 million in growth capital from West Michigan investors

Investment to fuel continued rapid expansion of company and go-to-market activities for new Oracle-focused products

GRAND RAPIDS, Mich., Jan. 9, 2013 /PRNewswire/ -- Today, Grand Rapids, Mich.-based technology firm Blue Medora announced they've received an additional $1.25 million in growth capital from two West Michigan-based angel investment groups: Start Garden and the Grand Angels. The company plans to use the new funding to fuel its continued rapid expansion and go-to-market activities for its unique set of virtualization and cloud monitoring and management plugins that extend the functionality of popular enterprise management systems like Oracle Enterprise Manager and IBM Tivoli.

(Logo: http://photos.prnewswire.com/prnh/20130109/DE39834LOGO)

The investment includes $500,000 from Start Garden, a Grand Rapids startup seed fund started by Rick DeVos as well as $750,000 in funds from the Grand Angels, a regional angel investment group. While Start Garden typically provides $5,000 investments to startups for very early support, DeVos said Blue Medora is the latest in a series of recent investments in more seasoned, second stage companies demonstrating market potential.       

"With the Blue Medora investment, we invested aggressively into seasoned entrepreneurs working in a space with huge potential that they know very well," said DeVos.

Blue Medora co-founder and CEO Nathan Owen said the company is well positioned to capitalize on a tremendous opportunity by providing a unique, much-needed virtualization solution to users of popular enterprise management solutions like IBM Tivoli and Oracle EM. He said Blue Medora's current market potential is thanks to a partnership with another Grand Rapids- based IT firm Atomic Object, a longstanding and close relationship with IBM, and his own team's passion for providing what they believe is a game-changing solution to a vast community of enterprise management system users.

"We've been incredibly fortunate to be part of the type of perfect storm of ideas-meet-opportunity that build great solutions for technology users," said Owen. "Early support from visionary organizations like Start Garden, the Grand Angels and Atomic Object means we have been able to leverage our ideas and our longstanding relationships with companies like IBM, Oracle and VMware to create a set of first-in-category, much-needed solutions in this space."

Blue Medora was founded in 2007 as a partnership between Owen and Atomic Object. They spent the first 18 months developing their initial product, which bridged the monitoring and management capabilities of a key IBM product to a number of critical Oracle applications including PeopleSoft and Siebel.  

Owen said IBM already licenses a number of virtualization and cloud management products from Blue Medora, which has doubled in size from 11 to 22 employees since 2011 and is expected to employ up to 35 people in the next 18 months. Additionally, he said Blue Medora is gaining critical velocity quickly in the marketplace, including a customer portfolio of over 50 enterprises currently using their solutions, and they beginning to attract the notice of analyst groups like IDC and Gartner. The company's current development strategy includes the introduction of systems management and monitoring solutions meant to extend the virtualization capabilities of Oracle EM through VMware integration.

"Systems management is rapidly evolving. Companies are moving away from single solution systems management and demanding more customization and integration into cloud-based solutions like VMware," said Owen. "Blue Medora has been and will continue to work with companies like Oracle, IBM, and VMware to provide leading edge solutions to meet their customers' changing needs."

Based in Grand Rapids, Mich., Blue Medora has developed a range of validated/certified integration products that extend the monitoring and management capabilities of IBM and Oracle's market-leading systems management platforms to the world's leading cloud, virtualization, ERP, CRM, enterprise directory, and messaging software. For more information, visit www.bluemedora.com .

SOURCE Blue Medora

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We analyze the video streaming experience. We are gathering the user behavior in real time from the user devices and we analyze how users experience the video streaming," explained Eric Kim, Founder and CEO at Streamlyzer, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
We are always online. We access our data, our finances, work, and various services on the Internet. But we live in a congested world of information in which the roads were built two decades ago. The quest for better, faster Internet routing has been around for a decade, but nobody solved this problem. We’ve seen band-aid approaches like CDNs that attack a niche's slice of static content part of the Internet, but that’s it. It does not address the dynamic services-based Internet of today. It does...
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.