Jul. 30–A Colorado Springs-based software developer said Tuesday that it received $12.5 million in venture capital funding in June.

Intelliden Corp., founded in 2000, secured its third round of financing from four firms: Westbury Partners of Westbury, N.Y.; 3i US of Menlo Park, Calif.; Matrix Partners of Boston; and mortonsgroup LLC of Washington, D.C.

“We are excited to get the kind of respect Colorado companies may not always get when approaching first-tier venture capital firms on either coast,” said Dale Hecht, Intelliden president, chief executive and co-founder.

Hecht attributes the success to a focused-approach in attracting venture capital firms and the company’s technology.

“When we looked for venture capitalists, we didn’t knock on everyone’s door,” he said. “We looked for a combination of specific qualities, including an investing record — and an understanding of the technology and industry.” 3i, an international venture capital firm, said it invested because of Intelliden’s technology and management team.

“They are able to identify a problem, find a solution, and are driven to reach their milestones,” said Allan Ferguson, managing director.

Intelliden’s software manages network configurations.

“The configuration-management field, as a discipline at this level, has only been around for 1 1/2 or two years,” said Mike Jude of Boulder-based Enterprise Management Associates, which analyzes management software and services. He said Intelliden’s financing is notable because other companies in the field are having problems getting funding.

“Intelliden’s challenge now is the execution and sales of their product,” said Zeus Kerravala of the research-and-consulting firm Yankee Group.

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