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Blazent, Inc.

Product Name

Blazent 3

Market Segment

Enterprise software

Funding

Blazent is VC Funded. Third Round funding completed in June 2004 for $10m led by StarVest Partners. Total invested capital in Blazent to date $23 million. Prior investors, including Bain Capital, Benchmark Capital, Dali Hook Partners, and Pequot Ventures.

Competitors

"Home grown” in-house, internal tools

Product Description

Blazent enables executives within enterprise organizations to maximize the financial performance of their IT infrastructure. Blazent delivers an integrated view of IT resources, providing a 360 degree analysis of IT infrastructure, offering accurate, accessible information across multiple dimensions from any perspective. Blazent achieves this by integrating data from multiple sources, (IT assets, HR and Procurement data), analyzing IT asset utilization, aggregating, cleansing and normalizing this data to create business intelligence reports for IT financial effectiveness.

Market Opportunity

Blazent targets enterprises with a high percentage of IT investment to revenues and highly distributed, heterogeneous environments. Target audiences are senior executives responsible for IT financial performance. Gartner estimates enterprise asset management spend being $3.8B (2005). Key market drivers include increasing regulatory pressures, (compliance), and IT demonstrating financial value to businesses.

Demo Says

In order for IT analytics (and the new math for IT) to be truly valuable, Blazent 3.0 provides an unprecedented (and patent-pending) approach to VISUALIZATION of data, that immediately provides IT with the analytical insight to drive financially-oriented decisions about where, what, and how their IT technology is being used.