Centrify Raises $14 Million in Series B Financing; Funding to Accelerate Growth in Sales, Marketing and Support.MOUNTAIN VIEW, Calif. -- Centrify Corporation, a leading provider of solutions that securely integrate non-Microsoft platforms with Microsoft(R) Active Directory management services, today announced it has raised $14 million in series B financing. INVESCO Private Capital leads this second round with additional investment by existing Centrify investors Mayfield and Accel Partners. As part of this financing round, Michael Patterson Michael Patterson and his wife Candace Reckinger were driving forces behind the early days of MTV. Winners of an MTV award for the animation in a-ha's groundbreaking video for "Take on Me" and "Train of thought", they went on to animate and direct Paula Abdul's "Opposites Attract". of INVESCO will join Centrify's board of directors. Centrify will use the capital to continue the expansion of its sales, marketing and support efforts. To date, Centrify has raised over $20 million in funding. "Centrify is particularly compelling because of its advanced technology, strong leadership and strategic focus on delivering interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. with Microsoft's Active Directory environment," said Michael Patterson, INVESCO Private Capital. "Active Directory is already a permanent, strategic platform for enterprises. With DirectControl, an enterprise's existing Active Directory investment delivers more value, providing a cost-effective way to administer and secure the rest of an organization's distributed systems Distributed systems (computers) A distributed system consists of a collection of autonomous computers linked by a computer network and equipped with distributed system software. ." Enterprises use Centrify's DirectControl solution in conjunction with their existing deployment of Active Directory in order to move toward a secure, connected computing environment composed of disparate, heterogeneous systems heterogeneous system n. A chemical system that contains various distinct and mechanically separable parts or phases, such as a suspension. and applications. Centrify DirectControl's capabilities include the ability to enable UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). (R), Linux(R) and Mac servers and workstations to participate seamlessly in an Active Directory domain, establishing Active Directory as a single point of administration and security policy enforcement for a heterogeneous environment Using hardware and system software from different vendors. Organizations often use computers, operating systems and databases from a variety of vendors. Contrast with homogeneous environment. . Through Active Directory, enterprises can globally control both administrative and end-user access to non-Windows systems and the Java and web applications running on them, as well as centrally enforce security and configuration policies. By integrating non-Microsoft platforms with Active Directory, enterprises can leverage Active Directory to strengthen security, reduce infrastructure costs, streamline IT operations, and better comply with regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. . (Centrify has just announced its latest version of DirectControl. See related releases: "Centrify Ships DirectControl 2.0.") "We are pleased that INVESCO Private Capital has invested in Centrify and look forward to Michael Patterson joining our Board of Directors," said Tom Kemp, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of Centrify Corporation. "We are excited to further invest in sales, marketing and support to better serve our existing and prospective customers and to establish new partnerships." About Centrify Centrify is a leading provider of Microsoft Active Directory-based identity management, access control and policy enforcement solutions for UNIX, Linux, Mac, Java and web platforms. Founded in March 2004, Centrify is headquartered in Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see . Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains. . For more information about Centrify, call (650) 961-1100 or visit www.centrify.com. Centrify and DirectControl are trademarks of Centrify Corporation. Other trademarks are the property of their respective owners. |
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