Embotics Raises $4 Million From Covington Capital Corporation
December 15th, 2008 • Related • Filed Under
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Embotics last week announced the closing of a $4 million Series B round of financing, led by Covington Capital Corporation. The financing will be used to advance product development for Embotics’ server virtualization management technology and expand global sales and operations.
Embotics’ products allow companies to manage server sprawl efficiently while mitigating risk and reducing costs. As enterprises continue to require greater insight and control over their virtualized environments, many are looking for solutions, such as Embotics’ V-Commander, to manage and control their virtual machines while fitting seamlessly into their existing technology architecture.
Pingback by After Embotics, Stephen Pollack Joins Enomaly’s Advisory Board : Virtualization.com on 17 December 2008:
[...] joining the Advisory Board for Embotics, which we just reported raised a $4 million Series B round of funding, Stephen Pollack is also joining the Advisory Board of [...]