Appnomic raised $2.5 Million from Norwest
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Bangalore: Appnomic Systems has raised $2.5 Million in a Series B round of funding led by existing investor Norwest Venture Partners (NVP). Appnomic offers automation-based infrastructure management services. Norwest had invested $4.2 million in the company in January 2009. The company will use the funds to further enhance its sales presence in the U.S., launch operations in Europe and enhance the application aware IT infrastructure management platform. "NVP has been very supportive of Appnomic's growth and we are happy to be extending our relationship with Promod and NVP with this round of funding," said Paddy Padmanabhan, CEO, Appnomic. Appnomic has offices in Bangalore, Chennai, Hyderabad and Mumbai. The company recently roped in Subramanian Parameswaran as President of its India Operations. The firm also has a presence in Saudi Arabia, Germany and the United Arab Emirates.

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