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04/03/2008
Virtualization solutions provider ScaleMP received $8 million
Virtualization solutions provider ScaleMP has received $8 million in new venture funding from its existing investors: Sequoia Capital, Lightspeed Venture Partners, TL Ventures, and ABS Ventures. This new round of funding brings the total raised to date to $26 million.
The ScaleMP technology allows a server to expand outside a single system boundary, addressing growing end-user requirements for large memory systems or systems with high-core count.
“ScaleMP is revolutionizing the high-end computing market by aggregating multiple industry-standard x86 servers into a single system,” said Barry Eggers, general partner at Lightspeed Venture Partners, and chairman of the board at ScaleMP. “During 2008, I expect the company to build upon its strong customer traction and market momentum, as well as the strategic partnerships that it has already established.”
Using software to replace custom hardware and components, ScaleMP offers virtualization solution for high-end computing environments. Founded by Shai Fultheim, the company CEO, ScaleMP headquartered in Cupertino, California and its R&D center located in Rosh Ha'ayin, Israel.
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17:05 Posted in Virtualization | Permalink | Email this