AutoVirt Receives $5,000,000 Series A Financing

  • Feed Type
  • Date
    11/25/2009
  • Company Name
    AutoVirt
  • Mailing Address
    12 Murphy Drive Nashua, NH 03062
  • Company Description
    AutoVirt’s mission is to increase IT productivity by replacing manual labor with automation and virtualization. Virtualization separates the purpose and benefit of a service from its physical implementation and is often the key to greater automation. Automation allows people to become creative decision makers and troubleshooters by delegating repetitive work to machines. AutoVirt uses these two concepts to provide greater powers to the people in IT.
  • Website
    http://www.autovirt.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Kepha Partners
  • Venture Investor
    Sigma Partners