Virtual Iron Software Obtains $20,000,000 New Financing Round

  • Feed Type
  • Date
    1/29/2008
  • Company Name
    Virtual Iron Software
  • Mailing Address
    900 Chelmsford Street, Tower I, Floor 2 Lowell, MA 01851
  • Company Description
    Virtual Iron provides, Xen-based, enterprise-class software solutions for creating and managing virtual infrastructure. Organizations use Virtual Iron for consolidation, rapid provisioning, business continuity, workload management and policy-based automation.
  • Website
    http://www.virtualiron.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding, provided at an increased valuation, will be used to accelerate product development and expand global sales, marketing and distribution efforts.
  • M&A Terms
  • Venture Investor
    Highland Capital Partners
  • Venture Investor
    Matrix Partners
  • Venture Investor
    Goldman Sachs
  • Venture Investor
    Intel Capital
  • Venture Investor
    SAP Ventures

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