“Mission Critical Linux Inc., the cutting-edge Linux
services company, announced today that it has received $20 million
in first-round venture capital financing from General Atlantic
Partners, LLC, a leading global investor in Internet,
Internet-enabled and information technology businesses. The
investment enables Mission Critical Linux to continue its expansion
on a global scale and to further deliver its groundbreaking
enterprise-class Linux technology and services to the growing
corporate Linux market. The Company has also announced that Peter
Bloom, a Partner with General Atlantic Partners, would be joining
Mission Critical Linux’s Board of Directors.
Shortly after its inception in August 1999, Mission Critical
Linux released its Core Dump and Crash Analyzer to the Linux
community. Later that fall, Mission Critical Linux announced its
revolutionary Secure Service Technology (SST) offering, which
enables Web-based monitoring of mission-critical systems, anytime,
anywhere. This exciting new technology even allows IT managers to
securely monitor their systems away from the desktop, using Palm
VII handheld devices. The Company has also announced plans to
release a high-availability clustering solution for Linux
enterprise systems later this quarter. In addition to these
breakthrough solutions, Mission Critical Linux will continue to
focus on offering various levels of high-quality support for
enterprise Linux systems throughout their lifecycle. The recent
openings of offices on the West Coast and in Eastern Europe will
help the Company further its position in the global
marketplace.
“The backing by General Atlantic Partners, a globally
influential investor, will greatly enhance our efforts to market
our unique technology and services on an international scale,” said
Moiz Kohari, CEO and President of Mission Critical Linux. “With the
addition of General Atlantic’s expertise and presence in local
markets around the world, our company is now ready for the next
step – to rapidly increase the visibility and value recognition of
our core competencies in the burgeoning worldwide Linux
marketplace.”