Virtual Power Systems Secures $349,995 Series A Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f03a62e-e8ac-49a3-b248-85ee834b6583
Date
7/21/2014
Company Name
Virtual Power Systems
Mailing Address
4699 Old Ironsides Drive Santa Clara, CA 95054 USA
Company Description
Virtual Power Systems, Inc. (VPS) is creating a software-defined power infrastructure for data centers. Today’s Data Centers ensure continuous power availability through expensive redundancy and overprovisioning, resulting in avoidable operating losses and expensive maintenance for every size and type of organisation.
Website
http://www.virtualpowersystems.com
Transaction Type
Debt
Transaction Amount
$349,995
Transaction Round
Series A
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
M&A Terms
Venture Investor