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Enigmatec announces $14 million in new funding



London, UK, August 5, 2008 – Enigmatec Corporation Ltd, the leading enterprise Data Center Automation vendor, has raised a further $14 million to accelerate the expansion of its international operations. The funding will also be used to establish a Centre of Excellence in Scotland. The round includes participation from new investors Scottish Enterprise and Noble Venture Finance as well as current investors Amadeus Capital Partners, Pentech Ventures, Herald Ventures and Kevin Lomax.

“Enigmatec is exactly the kind of ambitious high tech company we are looking to attract to Scotland. As the market leader in their field they will attract the best and enhance Scotland's economic growth,” said Neil Ross, Head of Investment Funds, Scottish Enterprise Investments.

Chairman of the Enigmatec Board, Kevin Lomax said: “Having established technological leadership, we are now gearing up our operations to take advantage of the rapidly expanding global market opportunity for data center automation solutions.”

Peter O’Neill, CEO added “I am delighted to welcome our new investors on board. This financing allows us to scale up our sales and marketing operations and take full advantage of the exceptional engineering talent in Scotland. I look forward to working with Scottish Enterprise to support our operations there. Critically, we will now have the talent and scale to serve our customers in our key markets of North America and Europe.”

Enigmatec will build on the success of its data center automation solutions, including Enigmatec Management System (EMS), Virtual Orchestrator (EVO) and Automated Disaster Recovery (ADR), which enable dynamic allocation of IT resources in response to minute-by-minute operational changes.

In addition to its plans to establish a Centre of Excellence in Scotland, Enigmatec has expanded its presence in the US in recent months in preparation for broadening its sales activity within the telco and financial services sectors in particular, where Enigmatec solutions have brought rapid and tangible benefits.

About Enigmatec

Enigmatec is the leader in enterprise data center automation for today's on-demand enterprise IT environments. The award-winning Enigmatec Management System (EMS), Virtual Orchestrator (EVO) and Automated Disaster Recovery (ADR) products reduce IT operations costs, increase business agility and improve service levels through the intelligent automation of IT processes. Enigmatec unleashes the power of leading systems management, virtualisation and provisioning solutions by dramatically reducing the labour costs required to operate them. Global customers rely on Enigmatec as a foundation technology for the next generation data center. Founded in 2002, Enigmatec is a privately held software company with offices in London and New York. Investors include Amadeus Capital Partners, Herald Ventures, Pentech Ventures, Intel Capital and Scottish Enterprise.

Enigmatec and the Enigmatec logo are trademarks of Enigmatec Corporation in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Contacts: Nina Kalra, Enigmatec, +44 (0) 20 7448 3450


Publisher Contact Information:

Enigmatec Corporation Ltd.
+44 (0) 20 7448 3450
ninak@enigmatec.com

Company profile of Enigmatec Corporation Ltd.
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