SwiftTest Inc., a Santa Clara, Calif.-based developer of commercial IP network testing tools and solutions, has raised an undisclosed amount of seed funding from Benhamou Global Ventures and FloodGate. Eric Benhamou and Mike Maples have joined the SwiftTest board of directors, as part of the financing.
SwiftTest Inc., a developer of powerful and efficient commercial IP network testing tools and solutions, announced today that it has added Eric Benhamou from Benhamou Global Ventures (BGV) and Mike Maples Jr. from FLOODGATE to its Board of Directors. In addition, the company has secured strategic funding from these top-performing venture capital firms. With this latest investment, the company will expand sales, marketing and product development efforts. This news, coupled with the addition of several new customers, demonstrates the company’s growing momentum as the demand for testing tools in the storage market continues to rise.
“It is an enormous privilege to welcome Eric and Mike to SwiftTest’s Board of Directors. The strength and diversity of talent, experience and knowledge that they bring will be invaluable to the company,” said Clay Marr, CEO of SwiftTest. “I look forward to working with them and leveraging their knowledge and expertise to continue to grow the Company’s business.”
In this competitive industry, test is becoming a key competitive differentiator for companies delivering innovative storage products in tight market windows. F5 Networks, Avere Systems, and other leading storage vendors have deployed SwiftTest to dramatically reduce the time spent on testing and save significant dollars on hardware, rackspace, power and cooling costs. Marr continued, “We are excited to have strong endorsements from the investment community and key customers. With the exponential growth in the global storage business, there is a critical need for a powerful, commercial solution that can simulate real-world network behavior faster and more effectively than ever before.”
SwiftTest develops powerful and efficient commercial testing tools and solutions that take the burden of IP storage test tool development off of in-house engineers and QA teams. SwiftTest was founded by test industry veterans who were driven to create the next generation test platform. SwiftTest is located in Santa Clara, California and is privately owned. For more information please visit www.swifttest.com.
About Benhamou Global Ventures
Benhamou Global Ventures (BGV) was started in 2003 by Eric Benhamou to assist other entrepreneurs build or run a new generation of high technology companies. BGV invests and plays an active role in innovative high tech firms throughout the world. Eric Benhamou serves on the board of Cypress, Real Networks and Silicon Valley Bank.
FLOODGATE is a Silicon Valley based, early-stage Super Angel fund focused on start-ups that fundamentally disrupt existing large markets or create new market categories. The firm currently works with consumer-focused companies such as Twitter, Chegg, ngmoco, digg, Kongregate, IMVU, and Smule, as well as business-focused companies such as SwiftTest, Solarwinds, Spiceworks, Demandforce, and YuMe Networks.