Original investors Amadeus Capital and Pentech Ventures, and new investor Intel Capital participated in the financing round. The new funding will be used to support continued product development and to get the product to market.
In addition to Intel Capital’s funding, the VC arm of the chip giant revealed that it will work with the New York-based company to develop specific features within Enigmatec’s software that utilize platform management capabilities developed within the Intel Cross-Platform Manageability Program.
Enigmatec was founded in 2001, and offers a software management layer between the business processes that drive an enterprise and the IT resources required to execute them. Its Execution Management System is policy-based software that automatically orchestrates the execution of applications in a distributed environment, ensuring increased resource utilization and application availability.
