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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=71233ab8-8d44-4598-8cc9-0c276bee569b&Preview=1 -
Date
8/19/2010 -
Company Name
Viridity -
Mailing Address
5 Burlington Woods Burlington, MA 01803 -
Company Description
Viridity is delivering a new way to dynamically manage and control these next generation data centers, and to do so holistically across all pillars of the operation: power, space, cooling, application performance, reliability and risk.vi·rid·i·ty n.
1. The quality or condition of being green; greenness.
We are enabling the massive reduction of power consumption and a staggering increase in data center efficiency, in a controlled way that delivers metrics for tracking the improvements. -
Website
http://www.viriditysoftware.com -
Transaction Type
Venture Equity -
Transaction Amount
$8,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The additional funding will be used to expand the development of the company’s EnergyCenter software platform, as well as greatly accelerate its go-to-market activities. -
M&A Terms
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Venture Investor
Battery Ventures -
Venture Investor
North Bridge Venture Partners