RNA Networks Nets $7M

2/3/09Follow @gthuang

Portland, OR-based RNA Networks, a memory virtualization software startup, announced it has raised $7 million in Series A funding, led by Menlo Ventures. RNA (which has a pretty deceptive name) aims to make networked memory in servers and data centers cheaper and faster for business applications like financial services, trading, content delivery, and online gaming.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com. Follow @gthuang

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    Nice! Virtualization is really big right now. Especially with the ecconomic situation and energy-conservation trends.