More interesting news today:
CiRBA Inc., today announced that it has raised $12 million in its second round of institutional funding led by Sigma Partners . Existing investors including Edgestone Capital Partners and others also participated in the round. The funding will enable CiRBA to further accelerate growth on a global scale, with investments in sales, marketing and product development.
Virtual Iron Software, a provider of enterprise server virtualization software, today announced that it has secured $20 million in new venture equity financing. The funding, provided at an increased valuation, will be used to accelerate product development and expand global sales, marketing and distribution efforts. The investment brings Virtual Iron’s total venture funding to $65 million in invested equity capital and includes Highland Capital Partners, Matrix Partners, Goldman Sachs, Intel Capital and SAP Ventures.
Dell Completes EqualLogic Acquisition
Today Dell completed the EqualLogic acquisition, a leading provider of high-performance storage area network (SAN) solutions designed for virtualization and ease-of-use. The purchase extends Dell’s leadership in simplifying IT for customers.
“Customers face extreme challenges with data growth. Storage solutions that use existing infrastructure, install in minutes not days, manage themselves, can grow easily as needs increase and plug into the virtualized IT ecosystem will help businesses with their storage needs. EqualLogic provides these storage solutions and that’s the incredible value that Dell will now be able to deliver to our customers. With Dell’s PartnerDirect channel, we will unleash the power of iSCSI and virtualization to redefine the economics of storing and processing data.”