Management tool from ComPulse---V. Rishi Kumar

ComPulse closes round1 funding---Sunil Rajanala

Hyderabad 22nd November, 2001 Economic Times

At a time when most technology start-ups are struggling to survive, ComPulse Systems has just closed its first round of funding received from the Bangalore based Fund (NVCF). The company received funds less than Rs 1 crore.

Confirming the development, ComPulse Systems' co-founder and CEO, Mr Prateek Jaswant told ET the NVCF funds amount to less than Rs 1 crore, but are critical for the company's operations. NVCF is promoted by a group of former bureaucats and has invested in more than 20 firms, including the city-based Bharat Biotech International.

ComPulse's flagship product, Virtual Cluster Manager is a tool suite that monitors and manages the IT infrastructure of companies and fills the gap between high cost bulky enterprise management frameworks and low feature free downloadable tools.

"The downturn has helped in bringing us close to market reality. We have shifted the business model and our strategy is now to make it big through alliances and partnerships. ComPulse is looking to tap the globally established service provider network in India to be use it as a delivery vehicle for its products," Mr Jaswant said.

Meanwhile, ComPulse has deferred its plans to venture into the US markets by atleast more than one year. Instead, the company intends to focus on the domestic market. The company plans to offer VCM with Web-based move towards remote management of IT infrastructure. The tool is available in two versions, the full enterprise suite as well as a basic monitoring lite version
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"We are offering a migration path to a management framework with a suite like VCM at lower cost, " Mr Jaswant said. The co-founder and managing director e4e Labs India, Dr Sridhar Mitta said CIOs all over the world are responding to the economic slowdown by reducing the cost of operations of their IT infrastructure and trying to maximise benefits from investments already made.

"To help the CIOs in the endeavour, there are tow extreme options, very expensive management frameworks and inexpensive point tools. Now, ComPulse offers a cost effective option with its tools not only bridging the gap but also migrated path to frameworks." Dr Mitta said.