Virtual Iron Software Obtains $20,000,000 New Financing Round
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d44704a-23db-42de-a50e-bb1b9d31be2b&Preview=1
Date 1/29/2008
Company Name Virtual Iron Software
Mailing Address 900 Chelmsford Street, Tower I, Floor 2 Lowell, MA 01851
Company Description Virtual Iron provides, Xen-based, enterprise-class software solutions for creating and managing virtual infrastructure. Organizations use Virtual Iron for consolidation, rapid provisioning, business continuity, workload management and policy-based automation.
Proceeds Purposes The funding, provided at an increased valuation, will be used to accelerate product development and expand global sales, marketing and distribution efforts.