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Egenera Picks Up $3M

Marlborough, MA-based Egenera has raised $3 million in new equity financing, according to regulatory forms filed today. An executive for the company, which makes software for managing physical and virtual servers in corporate data centers, told Mass High Tech the funds came from existing investors, a group that includes Austin Ventures, Crosslink Capital, Kodiak Venture Partners, Pharos Capital Group, and Technology Crossover Ventures. Egenera raised $26 million in December 2007 and laid off 87 employees in November 2008.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.

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