VirtenSys Obtains $16,000,000 Series C Financing Round

  • Feed Type
  • Date
    8/11/2009
  • Company Name
    VirtenSys
  • Mailing Address
    14908 NW Greenbrier Parkway Beaverton, OR 97006
  • Company Description
    VirtenSys was founded in December of 2005 and has developed industry-leading and patented I/O virtualization technologies for servers and storage platforms. VirtenSys solutions revolutionize how I/O infrastructure is deployed and used in data centers and deliver dramatic improvements in I/O utilization, cost, performance, power consumption and manageability. The full capabilities of VirtenSys I/O Virtualization (IOV) products can be utilized without disruption to existing servers and networks, protecting previous IT infrastructure investments. The products are deployed in traditional rack or blade server environments and with server virtualization installations.
  • Website
    http://www.virtensys.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The funding follows strong customer and end-user traction for the company’s I/O virtualization products, and will be used to grow the company’s revenues and broaden its markets and operations worldwide.
  • M&A Terms
  • Venture Investor
    Scottish Equity Partners
  • Venture Investor
    Celtic House
  • Venture Investor
    GIMV

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