Akiba Raises $6.5M for Virtualization

Wade Roush7/21/09

According to regulatory documents filed yesterday, stealth Boston startup Akiba has closed a $6.53 million Series A venture capital round with participation by North Bridge Venture Partners and Foundation Capital. The company describes itself as developing a virtualization technology that makes it easier to manage relational databases in cloud-computing environments.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.