Validus Closes $10M Venture Round

Validus DC Systems, of Brookfield, CT, announced today that it has closed a $10 million first round of venture funding led by Oak Hill Venture Partners. Validus makes DC power infrastructure for data centers, a technology that the company claims could boost energy efficiency by up to 40 percent. CNET has more details on the company and its technology.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.