Correlsense operates in the Business Transaction Management (BTM) market, an emerging class of products which are considered to be the next generation of IT systems management tools. These products enable tracking and control of critical business processes within enterprise applications, addressing a growing pain within organizations. While traditional monitoring tools only provide a partial glimpse into the application behavior, Correlsense’
For example, financial institutions incur substantial losses due to financial transactions that have failed due to poor application response times. SharePath can be used in such financial applications to ensure that online trades will be processed as fast as possible while eliminating latencies and bottlenecks.
SharePath can be installed on top of any information system and automatically monitors the entire flow of business transactions, without any prior knowledge of the application structure. This unique capability enables to build a model of the software's behavior to assist in problem resolution, root cause analysis, and service level assurance of enterprise applications.
“SharePath revolutionizes the way enterprises control their applications”
Elisheva Yaakobovich, Partner at Vertex Venture Capital says, “We are pleased of our opportunity to continue and invest in Correlsense’
Correlsense, a graduate of the Technion Technology Incubator, was founded in 2005 by Lanir Shacham, former Chief Architect of IBM's Global Technology Unit, and Oren Elias, former founder and CEO of knowledge management software vendor Internative Solutions.
Correlsense develops the next generation of IT Service Level Agreement (SLA) management software solutions. The Company has developed unique patentpending technology for managing transaction service levels in today’s complex (multi-tier, distributed, virtualized)
2005 by Oren Elias and Lanir Shacham. For more information:
About Vertex Venture Capital
Vertex Venture Capital is a unique top-tier Israeli VC with a strong international investor base, an experienced multi-disciplinary team of professionals and an impressive track record of exits through M&A and IPO. Vertex provides unparalleled possibilities for companies in facilitating potential growth, business opportunities and leveraging synergies throughout Israel, Europe, USA, Japan and Asia. Vertex invests in Israeli and Israel-related companies in early stages of development in information networking and communications systems, software and components, digital media and enterprise software.
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About Proseed Venture Capital
ProSeed Venture Capital Fund is an Israeli, public (non-traded)
About eXeed Technology
eXeed Technology is an entrepreneurship and an investment group whose mission is to help establish, fund, build and sell start-up technology companies. eXeed’s main areas of investment are software solutions and internet technology companies in seed and early-stage developing unique technology. eXeed’s team has extensive operational high-tech experience which enables them to play an active day-to-day role in each of its investments. For more information:
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