Laguna Hills, CA – Parallax Capital Fund made two investments during the 3rd quarter: Centercode, a leading provider of software and services to the enterprise for executing and managing beta tests, and GroundWork, a leading provider of software to monitor availability, performance and events for enterprise and cloud infrastructure. Below is additional information on our new investments:
Centercode helps companies improve their products through successful customer validation, a.k.a. beta testing. Their beta test management solutions deliver shorter betas, requiring fewer participants, resulting in more and better feedback, with far less time invested. This results in reduced support, development costs, returns and increases sales, customer satisfaction and product planning. See www.centercode.com for more info.
GroundWork delivers dynamic monitoring for diverse environments with Unified Monitoring. The Company’s approach gives customers the flexibility to use diverse open source and proprietary software technologies together under a unified web services portal. In addition, the product provides an integrated platform that its customers use to address a wide range of system and service management issues that are critical to IT operations in global enterprises. See www.gwos.com for more info.