VKernel Garners $4,600,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ed33257d-6871-4795-b6dc-8b271c919a85&Preview=1
Date
2/5/2008
Company Name
VKernel
Mailing Address
222 International Drive Portsmouth, NH 03801
Company Description
VKernel is dedicated to developing best-of-breed virtual appliances that enhance performance, lower costs, and simplify management of virtual environments of all sizes. As a certified VMware partner, VKernel offers the industry’s only VMware certified virtual appliances for analyzing capacity, chargeback, and cost visibility.
Website
http://www.vkernel.com
Transaction Type
Venture Equity
Transaction Amount
$4,600,000
Transaction Round
Series A
Proceeds Purposes
VKernel will use the funds to advance product development, increase sales, and expand market awareness.
M&A Terms
Venture Investor
Hummer Winblad Venture Partners
Venture Investor
Polaris Venture Partners