Racktivity Secures $8,000,000 Series B Financing

  • Feed Type
  • Date
    12/1/2010
  • Company Name
    Racktivity
  • Mailing Address
    2100 Seaport Blvd. Redwood City, CA 94063
  • Company Description
    Racktivity was founded in 2008 to fulfil the need for more efficient management and control of infrastructure within the Datacenter. The Racktivity team has substantial experience in datacenters and hosting and is focused on delivering automated control of critical infrastructure with improved reliability to help drive down management costs.
  • Website
    http://www.racktivity.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funds will be used to accelerate Racktivity’s product, technology and market development initiatives.
  • M&A Terms
  • Venture Investor
    Partech International
  • Venture Investor
    Big Bang Ventures

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