AutoVirt Inc. Obtains $4,000,000 Series A Funding

  • Feed Type
  • Date
    1/31/2008
  • Company Name
    AutoVirt Inc.
  • Mailing Address
    76 Northeastern Boulevard Nashua, NH 03062
  • Company Description
    AutoVirt’s mission is to increase IT productivity by replacing manual labor with automation and virtualization. Virtualization separates the purpose and benefit of a service from its physical implementation and is often the key to greater automation. Automation allows people to become creative decision makers and troubleshooters by delegating repetitive work to machines. AutoVirt uses these two concepts to provide greater powers to the people in IT.
  • Website
    http://www.autovirt.com/index.asp
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Sigma Partners
  • Venture Investor
    Kepha Partners