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September 24, 2012 03:30 pm GMT
SimpliVity has raised $25 million in a Series B round for its "data center in a box," technology. Kleiner Perkins Caufield & Byers (KPCB) led the round with existing investors Accel Partners and Charles River Ventures also participating. The funding bringsSimpliVity's total to $43 million.The company came out of stealth last month just beforeVMworld.SimpliVity's value derives from what analysts say is its capability to simplify an ever complex IT environment while simultaneously providing a high degree of functionality that addresses the underlying issues with existing data architectures .OmniCube is the company's flagship product. Analysts say it'sthe technology's capability to consolidate multiple products within one infrastructure that makes it formidable.Currently, companies may have mainframes from IBM, servers from HP, networking gear from Cisco and storage drives from EMC. SimpliVity'sscalable pool of shared resources means it can simplify a complex data center down to one or two boxes.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IOX_yuF3WKw/
SimpliVity Raises $25 Million For Data Center In A Box Technology
SimpliVity has raised $25 million in a Series B round for its "data center in a box," technology. Kleiner Perkins Caufield & Byers (KPCB) led the round with existing investors Accel Partners and Charles River Ventures also participating. The funding bringsSimpliVity's total to $43 million.The company came out of stealth last month just beforeVMworld.SimpliVity's value derives from what analysts say is its capability to simplify an ever complex IT environment while simultaneously providing a high degree of functionality that addresses the underlying issues with existing data architectures .OmniCube is the company's flagship product. Analysts say it'sthe technology's capability to consolidate multiple products within one infrastructure that makes it formidable.Currently, companies may have mainframes from IBM, servers from HP, networking gear from Cisco and storage drives from EMC. SimpliVity'sscalable pool of shared resources means it can simplify a complex data center down to one or two boxes.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IOX_yuF3WKw/
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