Tuesday, June 3, 2008

Persystent Technologies, the leading provider of automated PC repair and high-speed imaging has raised $11.6 million in equity financing

What Company Is Offering:
Persystent Technologies' breakthrough software is the world's only solution to automatically repair PCs prior to the booting process, whether the PC is ON or OFF the network. The company's flagship PC repair and high-speed imaging solution, Persystent Enterprise (PE), takes organizations' PCs from dysfunctional, unpredictable state to a solid state of continuous computing -- all without human intervention. PE automatically restores a corrupted PC's operating system, registry, applications and settings to a trusted state to ensure compliance with policy guidelines and governance requirements, empowering organizations with improved service levels and business continuity.

How Much They Got From VCs:

Persystent Technologies, the leading provider of automated PC repair and high-speed imaging, today announced it has raised $11.6 million in equity financing from two leading technology venture capital firms and inside investors. The company will use the working capital to expand and accelerate the level of sales and marketing and R&D, where maintaining a solid state of continuous computing is essential. ABS Ventures (Boston, MA) and Valhalla Partners (Vienna, VA) led the equity round with additional funding coming from existing investors.

Persystent has developed the world's only PC automated repair (pre-boot of OS), on or off the network, and high-speed imaging solution that transforms today's computers from their current state of unpredictability and vulnerability to a new solid state of continuous computing. Persystent's software automatically repairs and restores an infected or corrupted PC's operating system and software applications, on or off the network, while also ensuring enforcement of corporate configuration policies. It returns the PC operating environment to a work-ready and compliant state each time the computer is turned on -- all without human intervention.

More at:http://www.persystent.com

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