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June 10, 2011 05:04 pm GMT
JouleX"" an Atlanta tech startup promising a way to cut energy consumption and reduce costs at large data centers by about half"" closed a $17 million round of financing, the company announced today. Investors included: Sigma Partners, Flybridge Capital Partners and Intel Capital, along with earlier investors Target Partners and TechOperators. The U.S. EPA has not updated national statistics about how much power data centers are using in the country, in years. However, in 2007 the agency estimated that in a year, the nation's servers and data centers consumed about 61 billion kilowatt-hours (kWh) or 1.5 percent of total U.S. electricity, costing around $4.5 billion for electricity alone. The EPA at that time, predicted national energy consumption by servers and data centers would double by 2011 to more than 100 billion kWh, representing a $7.4 billion annual electricity cost.A more recent survey by The Uptime Institute found 36 percent of data center operators and owners...
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3tB1PgxBe_Q/
Joulex Raises $17 Million To Cut Energy Costs, Consumption At Large Data Centers
JouleX"" an Atlanta tech startup promising a way to cut energy consumption and reduce costs at large data centers by about half"" closed a $17 million round of financing, the company announced today. Investors included: Sigma Partners, Flybridge Capital Partners and Intel Capital, along with earlier investors Target Partners and TechOperators. The U.S. EPA has not updated national statistics about how much power data centers are using in the country, in years. However, in 2007 the agency estimated that in a year, the nation's servers and data centers consumed about 61 billion kilowatt-hours (kWh) or 1.5 percent of total U.S. electricity, costing around $4.5 billion for electricity alone. The EPA at that time, predicted national energy consumption by servers and data centers would double by 2011 to more than 100 billion kWh, representing a $7.4 billion annual electricity cost.A more recent survey by The Uptime Institute found 36 percent of data center operators and owners...Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3tB1PgxBe_Q/
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