‘Correlsense’ Closes $3M For Application Monitoring Software

Correlsense, a provider of application performance management software, announced that it has closed $3 million in series C financing with investors including Accel Partners, Vertex Venture Capital, ProSeed Venture Capital Fund, eXeed Technology and Technion Research & Development Foundation. The funding will be used to expand sales and technology partner channels as well as enhance the company’s sales and marketing teams. Correlsense, founded in 2005, is headquartered in Framingham, Massachusetts and holds its R&D center in Herzliya Pituach, Israel.