Fast-growing information technology management software firm Samanage has raised $5 million in funding to accelerate its expansion.
Samanage has expanded from 9 employees company-wide a year ago to 30 today, including 11 at its U.S. office in Cary. Samanage also has offices in Israel and The Netherlands.
The companys cloud-based software is used by customers in 45 countries; customers range from Dun & Bradstreet to the Town of Cary.
Two Israeli venture capital firms, Carmel Ventures and Gemini Israeli Ventures, provided Samanages latest round of funding. Last year Carmel invested $3 million in Samanage.
Samange has been growing quickly and addresses a real need in the market, Ronen Nir, a partner at Carmel Ventures, said in a statement. We clearly want to keep fostering this.
Samanage executives werent available for additional comment.