"Despite the tough economic times, we were overwhelmed with interest from multiple prestigious investors," said Gary Read, president and CEO of Nimsoft, in a statement. "An investment from Goldman Sachs is further recognition of the strength of our business model, product performance and future business opportunity."

Goldman Sachs led the $12 million round, which also included contributions from Series A investors JMI Equity and Northzone Ventures. Nimsoft, which earlier this year acquired says it will put the additional funds to work on products and services that further challenge .  

"To operate modern , it is critical for IT customers to have robust systems management software that is easy to deploy and maintain to ensure they are providing the right level of service to their businesses," said David Campbell, vice president of Principal Investment Area at Goldman Sachs, in a statement. "Nimsoft has a proven track record of delivering this functionality to both large and small enterprises and managed service providers around the world."

Nimsoft says its software combines a low-cost entry point (about $10,000) with ease of administration to offer potential customers an alternative to offerings from the four market-leading management vendors: , , and

Nimsoft's NimBUS' software automatically discovers IT infrastructure components, deploys preconfigured monitoring thresholds, populates dashboards and generate reports on monitored network devices, and business services.