Viridity Obtains $8,000,000 Series B Financing

  • Feed Type
  • 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
  • Venture Investor
    Battery Ventures
  • Venture Investor
    North Bridge Venture Partners