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Massachusetts VCs Lead Funding of New Infrastructure Management Company

Fidelia Secures $4 Million in Funding

Boston, MA, June 17, 2002 -- Fidelia Inc. announced today that it has closed $4 million in funding to support ongoing development for its new infrastructure monitoring and performance management product. JT Venture Partners (Boston, MA) led the financing round which also included Windspeed Ventures (Lexington, MA) and Freedom Hill Capital (Great Neck, NY).

According to John Bullock, managing partner of Windspeed Ventures, the founder's depth of knowledge and experience in the network monitoring area, was a key factor in attracting the funding. The company's founder, Vikas Aggarwal, has been involved in developing network management tools since the early days of the Internet. Aggarwal took early advantage of his expertise in network architecture to develop management tools that helped major Internet service providers identify and isolate network problems. Aggarwal's experience helped him envision an innovative approach to application and infrastructure management.

Founded in December 2000, Fidelia develops products that help companies proactively manage the underlying infrastructures that are key to their business success. Some of the company's early customers include Sony Online Entertainment and Yale University.

Fidelia NetVigil is a trademark of Fidelia Inc.  Other trademarks and brands are the property of their respective owners.