LiveAction Snags $36M

Palo Alto-based LiveAction, a provider of enterprise IT monitoring software, has raised $36M in a Series B funding, according to the company. The funding was led by Insight Venture Partners, and also included Accelerate-IT Ventures and Cisco Investments. Insight's Michael Triplett and Phillip Vorobeychik have both joined the company's board. LiveAction's CEO is Darren T. Kimura. More information »