Home / Industry

BlueCat Networks Raises $16.8 Million from Leading Silicon Valley Venture Firm Trident Capital

Investment to Help BlueCat Networks Meet Growing Global Demand for IP Address Management and IPv6 Readiness

BlueCat Networks, the IPAM Intelligence™ company, today announced the completion of a $16.8 million round of financing by new investor Trident Capital.

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 Yépez 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 of 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."

Trident Capital has an exceptional track record of building successful infrastructure software companies including: Bytemobile, Epicor (NASDAQ: EPIC), mBlox, Merchant eSolutions, Qualys, Signio (acquired by VeriSign - NASDAQ: VRSN), Sygate (acquired by Symantec - NASDAQ: SYMC), Tablus (acquired by EMC - NYSE: EMC), Thor Technologies (acquired by Oracle - NASDAQ: ORCL), and Tricipher (acquired by VMware - NYSE: VMW).

"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 Yépez, Managing Director, Trident Capital. "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. We believe 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 compliance. We believe BlueCat Networks is well positioned to capitalize on this growing market demand."

BlueCat Networks' innovative IPAM solutions provide an essential technology for helping organizations address the transition to IPv6, reduce IT management costs, launch new services and manage network growth and change.

About Trident Capital

Trident Capital is a leading venture capital firm committed to empowering entrepreneurs to build innovative and industry leading businesses. Founded in 1993, the firm has managed more than $1.9 billion of capital across seven funds and has invested in more than 160 companies to date. We focus on investments in Software, Internet and Technology-Enabled Services. Within our targeted sectors, we invest across multiple stages, from early start-up to expansion stage investment to growth capital. Trident has investment offices in Palo Alto, CA and Westport, CT. For more information on Trident Capital, visit http://www.tridentcap.com.

BlueCat Networks

About BlueCat Networks – BlueCat Networks is the Leader in IP Address Management (IPAM) and DNS (DNSSEC)/DHCP Core Services, including the centralized management of Microsoft Windows® DNS/DHCP services. Available in, software (VMware), hardware (appliance) and Managed Service (Proteus Cloud Services) formats, BlueCat Networks has sold to a large number of Global Fortune 1000 companies and many classified and unclassified government agencies. Learn More

Related topics: DNS, IP Addressing, IPv6, Networks

 
   

Don't miss a thing – get the Weekly Wrap delivered to your inbox.

Related Blogs

Related News

Explore Topics

Dig Deeper

Afilias Mobile & Web Services

Mobile Internet

Sponsored by Afilias Mobile & Web Services
Afilias

DNS Security

Sponsored by Afilias
Verisign

Cybersecurity

Sponsored by Verisign

Promoted Posts

Now Is the Time for .eco

.eco launches globally at 16:00 UTC on April 25, 2017, when domains will be available on a first-come, first-serve basis. .eco is for businesses, non-profits and people committed to positive change for the planet. See list of registrars offering .eco more»

Industry Updates – Sponsored Posts

Attacks Decrease by 23 Precent in 1st Quarter While Peak Attack Sizes Increase: DDoS Trends Report

Global Domain Name Registrations Reach 329.3 Million, 2.3 Million Growth in Last Quarter of 2016

Neustar to be Acquired by Private Investment Group Led by Golden Gate Capital

Don't Gamble With Your DNS

Verisign Releases Q2 2016 DDoS Trends Report - Layer 7 DDoS Attacks a Growing Trend

How Savvy DDoS Attackers Are Using DNSSEC Against Us

Radix Adds Dyn as a DNS Service Provider

Dyn Partners with the Internet Systems Consortium to Host Global F-Root Nameservers

Verisign Q1 2016 DDoS Trends: Attack Activity Increases 111 Percent Year Over Year

Is Your TLD Threat Mitigation Strategy up to Scratch?

Mobile Web Intelligence Report: Bots and Crawlers May Represent up to 50% of Web Traffic

Domain Management Handbook from MarkMonitor

What Holds Firms Back from Choosing Cloud-Based External DNS?

Data Volumes and Network Stress to Be Top IoT Concerns

Computerworld Names Afilias' Ram Mohan a Premier 100 Technology Leader

Verisign Mitigates More Attack Activity in Q3 2015 Than Any Other Quarter During Last Two Years

Protect Your Privacy - Opt Out of Public DNS Data Collection

Measuring DNS Performance for the User Experience

Dyn Evolves Internet Performance Space with Launch of Internet Intelligence

Introducing Verisign Public DNS: A Free Recursive DNS Service That Respects Your Privacy