BlueCat Networks, an IPAM Intelligence company, announced
the completion of a $16.8 million round of financing by new investor Trident
With this investment, the company will continue to
develop, sell and support the market’s most-innovative IP Address Management,
DNS and DHCP solutions. BlueCat Networks will use the funding primarily to
support the expansion of its Sales and Engineering teams and the further
development of its global channel partner program.
Trident Capital managing director J. Alberto Yepez joins
the BlueCat Networks
Board of Directors.
BlueCat Networks has enjoyed remarkable success in the
DNS, DHCP and IP Address Management market and the demand for our solutions
continues to grow,” said Michael Hyatt, co-founder and CEO, BlueCat Networks.
This new funding will enable us to continue to invest in
the quality people, innovation and industry partnerships that drive our
achievements, while maintaining a cash reserve for future
opportunities. We welcome Trident Capital as an investor and valued member
of our team and thank them for supporting our vision,” Hyatt added.
Trident Capital has
an exceptional track record of building successful infrastructure software
companies including: Bytemobile, Epicor mBlox, Merchant eSolutions, Qualys,
Signio, Sygate), Tablus Thor Technologies, and Tricipher.
For the past 18 years, Trident Capital has focused on
investing in entrepreneurs and innovators that are setting the direction of
their respective markets,” said J. Alberto Yepez, managing director, Trident
BlueCat Networks is a leader in the IP Address Management
market with proven solutions implemented by a growing base of satisfied
customers and channel partners worldwide. The growth of the IPAM market is set
to explode, propelled by key business and technology drivers including the
proliferation of IP-enabled devices, the migration to emerging Internet
technologies like IPv6, the growing need to secure network infrastructure by
implementing standards like DNSSEC and the requirement for regulatory
By Telecomlead.com Team