|[September 04, 2014]
LiveAction Secures $5.35 Million Series A Financing from AITV and Cisco Investments
PALO ALTO, Calif. --(Business Wire)--
LiveAction, Inc., an application centric software company combining
network and application performance management with powerful
visualization, analytics and control today announced it has completed a
$5.35 million Series A round of financing. AITV led the investment round
with participation from Cisco (News - Alert) Investments and Enerdigm Ventures.
"We are pleased to complete our Series A financing," said Darren T.
Kimura, CEO and Chairman of LiveAction. "This provides us the resources
to grow and deliver new solutions to our clients as we continue to
simplify the network and transition to the cloud."
The investment will be used to help the company significantly expand its
sales and marketing efforts as well as broaden and accelerate product
development. AITV General Partner Brian Nugent joins LiveAction's Board
"With a strong technology base, some of the largest companies in the
U.S. as customers, and a cornerstone relationship with Cisco, LiveAction
is exactly the kind of portfolio company we love. We're truly excited
about the company's potential," said Brian Nugent, General Partner of
Since 2009, LiveAction software has been helping large enterprises
manage their networks. LiveAction's intuitive graphical user interface,
deep and rich analytics, and network wide control known as "See. Point.
Click. Fix." allow the combination of network and application management
in one integrated product.
"Our investment in LiveAction underscores the market interest in
bringing software-defined networking (SDN) to the Wide Area Network
(WAN) in large-scale environments," said Jeff Reed, Vice President of
Network Transformation for Enterprise Networks at Cisco. "We're excited
to work together to augment our Intelligent WAN strategy with a unique
means for customers to achieve network traffic visibility and
centralizd control to specific applications."
Key features of the LiveAction's intuitive IT management platform
"Satellite" view of end-to-end flows through a single-pane-of-glass
Zoom-in view of traffic and applications down to end-devices and
Accurate pin-point diagnosis through diagrams, dashboards, alerts,
reports and tables
Fast troubleshooting of the most difficult and persistent performance
Instant validation of network QoS and policy changes
Stress-free deployment, configuration and monitoring of Cisco advanced
Download a free trial version of LiveAction software, www.liveaction.com.
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LiveAction is award-winning software designed to simplify network
management. Initially developed to aid the U.S. Department of Defense in
the operation of its networks, LiveAction features an innovative visual
display, real-time big data analytics for decision-making and deep
integration with routers and switches for unparalleled network control.
LiveAction accelerates troubleshooting with its QoS control,
application-aware, and WAN functionality developed in collaboration with
Founded in 2013, AITV is a US-based venture capital firm with offices in
San Francisco, La Jolla and London. AITV invests in early-stage and
medium-growth IT software companies that demonstrate tremendous
opportunities for growth. With the sole purpose of altering the
traditional approach to venture investing we are intentionally singular
in our focus around IT Software. AITV applies a thriving engagement
engine to our portfolio companies and we've developed a strategic
ecosystem to ensure US and EMEA commercialization, revenue and exit
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