Merlin International Invests $10 Million in Performance Analytics Startup Centerity

On Tuesday, Israel-based Centerity Ltd. announced it has raised a $10 million investment from cybersecurity company U.S.-based Merlin International Inc.

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Founded in 2006 and based in Raanana, a suburb north of Tel Aviv, with additional offices in Massachusetts, Centerity develops a unified software platform for real-time analysis of data in domains such as internet of things, big data and IT.

Data center (illustration). Photo: PR

Providing services for banks, airports, seaports and tech companies, Centerity counts Dell EMC, Siemens, IKEA and the Israeli Parliament among its clients.

New technological developments require monitoring of large amounts of data from different systems, Centerity CEO Roi Keren said in a statement. Therefore, many companies now find themselves with dozens of isolated monitoring systems creating secluded data, longer response times and inability to assess the larger picture.

“The vision of Centerity is to meet the urgent need for a platform that provides end-to-end, unified performance analytics and BSM (business service management), which is reinforced by years of IT experience,” Mr. Keren said.

Founded in 1997, Colorado-headquartered Merlin provides information and security technologies to government agencies and commercial companies.

Centerity’s platform is suited for complex IT environments, said Merlin Chairman and CEO David Phelps in a statement. “We see strong synergy for our product offerings, R&D collaboration and sales expansion,” he added.