Edison Partners leads $10M growth investment in Blue Medora

By Emily Bader
Princeton | Sep 6, 2018 at 11:25 am

Blue Medora said it will use the funds to increase development in the enterprise market.

“As infrastructure IT becomes more diverse — across hardware, virtual environments and cloud environments — the greatest challenge to monitoring, managing and measuring the performance is the ability to provide a full view into all of the other technologies supporting an application, in real-time,” said Lenard Marcus, general partner for Edison Partners, who led the investment and was named to the company’s board of directors. “Nathan has brought a unique vision to IT monitoring integration, creating an IT system health connector that provides a singular view of a company’s entire IT ecosystem and complete interoperability of its tech stack. The company’s strong growth and traction with large enterprises are a testament to the market demand, and we’re thrilled to be partnering with Nathan and team.”

Blue Medora currently interconnects more than 150 technologies in cloud computing, on-premise hardware and virtual desktops.

“With Edison Partners, Blue Medora has found a partner that’s invested in the success of Midwest tech and emerging innovation geographies like ours,” Nathan Owen, CEO and co-founder of Blue Medora, said. “Edison brings exactly the right combination of growth capital and strategic value-add, with their Edison Edge operating platform, that we need to accelerate market adoption, increase enterprise value, and scale our business to the next level. We’re excited for the partnership.”

Emily Bader | ebader@roi-nj.com | emilybader