Press release

Perspectium Raises $8 Million in Series B Financing

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Sponsored by Businesswire

Perspectium,
the leader in service management integration, today announced that it
has closed an $8 million Series B funding round with a second investment
from TVC Capital. The Series B round enables Perspectium to continue its
expansion to more fully serve global markets and launch a new series of
on-demand products. Perspectium has already established a European
headquarters and has international customers.

“Enterprises and organizations around the world grapple with the problem
of making service management and the flow of data work across boundaries
caused by individual cloud-based applications and repositories of data,”
said David Loo, CEO of Perspectium. “Perspectium has an exceptional
opportunity to solve the problem of data and process silos on a global
basis with an approach that is both powerful and unique. We are pleased
to have TVC Capital continue to invest in Perspectium and share our
vision for changing the data integration and Integration Platform as a
Service markets.”

Perspectium breaks processes free from application silos. The company
has pioneered service management integration solutions to enable
real-time, scalable sharing of data and processes, allowing customers to
implement best-of-breed applications and business analytics that align
with business processes across the enterprise. Perspectium delivers
these integration solutions “as a service,” ensuring that integrations
are always current and resources are available at any scale. Customers
include Fortune 500 companies, top Software-as-a-Service vendors and
global service providers.

“Perspectium has established a proven product portfolio and built a
stellar reputation for effectively solving the gaps in service
management and getting very high volumes of intelligent data from one
place to another,” said Steve Hamerslag, Managing Partner of TVC
Capital. “We believe that the market opportunity is substantial and that
Perspectium has the ability to continue and expand its success.”

About TVC Capital

TVC Capital is a San Diego-based growth equity firm with $400 million
under management. TVC is focused on investments in and acquisitions of
mission-critical software firms. TVC targets a wide spectrum of software
sectors and industry verticals that are poised for growth and
consolidation. The TVC team is led by operating executives with more
than 80 years of experience growing technology companies into market
leaders. Current and past investments include Celigo, BitTitan, Digital
Map Products, SmartAction, Accordent Technologies, Docupace,
MediaPlatform, Levels Beyond (Reach Engine), Del Mar DataTrac, Centage,
Limeade, LiquidPlanner, Mercent and ReverseVision. For more information,
visit http://www.tvccapital.com.

About Perspectium

Service management is supposed to be an enterprise-wide best practice
but is often limited by being entrenched within individual departments
and applications. Perspectium solves
the problem of data and process silos by integrating context-aware
information in real-time through a complete, end-to-end service. As a
result, Perspectium enables seamless service delivery within enterprises
and across service providers and also provides highly flexible migration
of data. Perspectium provides always-current, secure integration
solutions as managed cloud services allowing developers to focus on
other digital transformation priorities. Perspectium provides
ridiculously high levels of scalability and availability, solving
intricate integration challenges for some of the world’s largest
organizations.