DEDHAM, Mass. (March 26, 2008) –
Ntirety LLC, a pioneer in remote database administration, today
announced it has received $1 million in venture capital funding to
expand marketing and sales. The funding will allow Ntirety to expand
its Massachusetts operations and hire database administrators to serve
its growing customer base.
The Series B funding is being provided by a lead investor, the
Massachusetts Technology Development Corporation (MTDC), as well as
previous investors, CL Ventures, and Ntirety founder and CEO Michael
"Utilizing its scalable and proprietary hardware solution, Ntirety
is poised to change the way businesses operate by providing a safe,
reliable and affordable service to administer databases that are
critical to corporations, which most often are not expert in database
management. Ntirety is hiring database experts and expanding its
presence here in Massachusetts to remotely service customer databases
nationwide," said Paul Tu, Principal of the MTDC.
Ntirety, founded in 2001 by a recognized database expert, provides
remote monitoring, administering and tuning of Oracle and Microsoft SQL
Server databases for a fixed monthly fee. Ntirety provides expert,
round-the-clock monitoring and repair of mission-critical databases at
a fraction of the cost of using traditional database consultants or
in-house database administrators. Ntirety's experts apply their skills
and expertise to client databases, allowing customers to dramatically
cut their information technology costs and eliminate common causes for
"Ntirety offers a proven, reliable service that proactively tunes
our clients databases and prevents costly crashes. The new funding will
allow us to expand our marketing and sales efforts so more companies
can experience the peace of mind that the comes from knowing seasoned
professionals are managing and caring for databases critical to their
businesses," said Corey.
The funding will spur additional growth for Ntirety, which recently
expanded in Massachusetts, moving its headquarters to Dedham while
retaining its Charlestown office. Ntirety competes with offshore
service providers and on-site database consultants by leveraging its
proprietary technology that enables its expert database administrators
to work more efficiently than competitors. Ntirety is alone in the
industry in supplying each customer with a specialized appliance that
easily plugs into their database system and allows Ntirety's database
administrators to remotely and securely manage the database.
"The greatest benefit which my organization has derived from our
relationship with Ntirety is the ability to quickly grow our
organization, quadrupling both our number of employees and databases,
without increasing internal head count. The relationship has also
allowed me to keep my internal resources from burning out as Ntirety
provides valuable 24X7 monitoring and intervention as well as a highly
experienced DBA team to whom we have direct access at any time," said
Michael Geldart, Senior Manager, Computer Operations, at Cubist
Pharmaceuticals of Lexington, Mass.
Databases are critical to every business, but managing databases is
not the specialty of most, and hiring, training and retaining in-house
database administrators is costly. Furthermore, a single in-house
administrator cannot provide 24X7 monitoring and response, given other
IT duties as well as holiday, vacation and work schedules. As a result,
mission-critical data may be in danger because no one is watching or
existing staffs are overworked.
"Ntirety hires the best and brightest database administrators, and
those are found here in the United States and especially here in
Massachusetts. Our employees are the A team, and even with higher
salaries, we remain highly competitive against overseas companies
because we leverage technology to be more efficient," Corey said.
About MTDC (Massachusetts Technology Development Corporation)
MTDC, the Massachusetts Technology Development Corporation, is a
leading edge venture capital firm that invests in start-up and
early-stage technology companies operating in the Commonwealth of
Massachusetts. MTDC has invested in many of Massachusetts' most
promising new technology-based companies. For more information, please
Ntirety LLC is the leading provider of remote database
administration services for companies seeking to overcome complex
database administration issues and monitor and administer Oracle and
Microsoft SQL Server mission-critical databases all at an affordable,
fixed, monthly cost. Recognized as a DBA leader by Forrester Research
of Cambridge, Ntirety is based in Dedham, Mass., and serves all
customers exclusively from its North American locations.
For more information about Ntirety, visit www.ntirety.com, and visit Corey's web blog at http://michaelcorey.ntirety.com.