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Persystent Technologies
Life cycle management solutions to automatically repair and restore apps and operating systems of pcs
About Persystent Technologies
Founded in 2002, Persystent Technologies established itself as a provider of personal computer life cycle management solutions. The company focused on automating the availability and compliance of desktops and laptops for IT organizations. In its early years, Persystent secured significant venture capital, raising $1.57 million in a Series A round in 2003 and another $6.9 million in a Series B round in 2005. Over its lifetime, the company raised a total of $29.2M from investors including ABS Ventures, Valhalla Partners, Inflexion Partners, and others. The firm was ultimately acquired by Utopic Software on January 1, 2012.
Persystent Technologies developed a suite of software aimed at streamlining IT support and management. The core business revolved around providing solutions that enhanced image management, ensured business continuity for end-users, and improved service intelligence. The company's target market consisted of IT organizations seeking to simplify and automate the creation, management, and deployment of hardware-independent images for Windows operating systems. Revenue was generated through the sale of these specialized software solutions.
The product line included a self-healing technology for PC recovery, which was designed to resolve a majority of help desk calls automatically, thereby reducing support costs. Another key offering was an end-user service intelligence solution that provided real-time monitoring of PCs to identify issues like crashes, system lock-ups, and network problems before they could impact business operations. The company also offered a "zero-touch" imaging process, capable of completing a round-trip image significantly faster than competitors. Additional features included remote application deployment, secure hard drive wiping to ensure data could not be recovered, and tools to facilitate Windows 10 OS migration, positioning the company's offerings as a comprehensive unified endpoint management (UEM) solution.
Source: Dealroom company dataAt a glance
- Founded
- 2002
- Headquarters
- Tampa, United States
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Inflexion
Village Ventures
Tall Oaks Capital Partners
Inflexion Partners
Valhalla Partners
Series B and later1 investor entered at this stage
ABS Ventures
Source: Dealroom Talent Intelligence.
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