Apparent Networks Raises $12 Million

Apparent Networks Inc., a Wellesley, Mass.–based provider of IT performance management solutions, announced that it has raised $12 million in Series C funding. Egan-Managed Capital led the round, and was joined by return backers Bain Capital Ventures, JMI Equity and Business Development Bank of Canada. The round closed last November, and brings Apparent’s total venture capitalization up to around $36 million.

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