The financing was led by Sierra Ventures, with strong participation from existing investors 3i and Partech. Concurrent with the investment, David Schwab, Managing Director of Sierra Ventures, has joined Acsera's Board of Directors.

According to Dave Schwab, "We see few truly disruptive products in systems management, but Acsera is definitely one of those products, and we believe the company will scale rapidly over the next several years. The company applies heuristics-based modeling to J2EE and SOA application performance management, and consequently is able to provide much greater performance visibility than did previous-generation approaches to performance managing composite application environments."

Jason Donahue, Acsera's President and CEO, commented, "We are extremely excited to have Sierra join our Board of Directors. Sierra was our top-choice to lead our Series B round because they have a reputation for helping companies that already have a solid and proven core product to scale sales, marketing, and business development functions. Sierra complements our existing investor board-members from Partech and 3i extremely well, and our strong board will be instrumental in helping us continue to scale the business."
 
Founded in 2002, Acsera helps companies successfully monitor and manage large-scale enterprise J2EE applications by assuring optimal performance and availability. The company provides a very unique value proposition for the J2EE applications  marketplace. Unlike traditional performance management toolkits for J2EE, Acsera self-discovers all J2EE components and self- customizes, delivering value to customers almost immediately.

Acsera's model- based, heuristics-driven approach provides the only viable method to manage J2EE SOA applications from a services perspective. Acsera's automated, model-driven approach is unparalleled in the industry today in its ease of implementation, ability to automatically reconfigure as the application changes, and unique top-down service-oriented visibility to application performance.

"Acsera has received tremendous acclaim for its technical approach which provides users with unparalleled visibility into the performance of their SOA- based applications," said Kevin Scott, partner with 3i and Board member of Acsera. "The recent expansion of the team has also had a positive impact on the company's market position and sales execution, which we expect will quickly propel Acsera's future growth."