Virsto Software Garners $5,000,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa9f0b8d-7311-4ec7-b717-50e59116e3a6&Preview=1
Date
8/25/2011
Company Name
Virsto Software
Mailing Address
219 Moffett Park Drive Sunnyvale, CA 94089
Company Description
Virsto Software lives at the intersection of server virtualization and storage management – a strategic crossroads for the future of the data center. Our team has a rich history of successful innovation, and is uniquely poised to solve the emerging challenges of managing storage in virtual data centers.
Website
http://www.virsto.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Series B
Proceeds Purposes
The funding will be used to drive new growth, product development and expand industry partnerships.
M&A Terms
Venture Investor
Southern Cross Venture Partners
Venture Investor
Correlation Ventures