Virtual Iron Software Obtains $20,000,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d44704a-23db-42de-a50e-bb1b9d31be2b&Preview=1 -
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
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Venture Investor
Highland Capital Partners -
Venture Investor
Matrix Partners -
Venture Investor
Goldman Sachs -
Venture Investor
Intel Capital -
Venture Investor
SAP Ventures
