Austin-based Hyper9 (formerly InovaWave) announced additional funds in their $7.2M Series B round from Maples Investments. Mike Maples Jr. is a former Austinite, and was previously an executive with Motive and Tivoli. His first fund at Maples Investments was staked with around $15M from Austin Ventures, and that fund is invested in startups such as Digg, Twitter, Spiceworks, and SolarWinds. Five years from now that may be one of the highest returning funds in history! For his second fund, Maples has raised approximately $35M from institutional investors.

Hyper9 is a member of the Austin Emerging 100, and in June unveiled its search-based platform for managing the dynamic nature of virtual environments. Hyper9 leverages a “Google-like” search engine to access both real-time and historical data on everything from the guest operating system to the physical infrastructure then presents that data via a next-generation user interface. As a result, Hyper9 supports faster troubleshooting, comprehensive monitoring and detailed reporting on the performance, configuration and utilization of virtual environments.

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