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The following content is from an older version of this website, and may not display correctly. Viridity Software, developer of software for data center power management, has raised $8m in the second round of financing from its current investors Battery Ventures and North Bridge Venture Partners.
The company's product, the EnergyCenter software platform, provides data center energy monitoring, measurement and management capabilities. Viridity plans to use the new funding to further expand the product's development as well as to accelerate its go-to-market strategy.
Jamie Goldstein of Northbridge said the investment firm believed that Viridity had tapped into a growing market opportunity, helping companies control time and expenses spent on managing data center power and cooling.
The latest release of the platform was Energy Center Version 1.1.
Viridity's most recently added customers include asset management firm Highbridge Capital, provider of data management technology F5 Networks and LexisNexis, provider of content-enabled workflow solutions.
Marty Stephens, director of IT at LexisNexis said the product will help the company prepare for the "inevitable" future regulations of energy efficiency in data centers.
""Viridity's EnergyCenter directly addresses our need for a tool to balance power, cooling and utilization in order to save money, enhance service levels and ensure data center sustainability," Stephens said in a statement.
In its first funding round, Viridity raised $7m from the aforementioned investors.
The company's product, the EnergyCenter software platform, provides data center energy monitoring, measurement and management capabilities. Viridity plans to use the new funding to further expand the product's development as well as to accelerate its go-to-market strategy.
Jamie Goldstein of Northbridge said the investment firm believed that Viridity had tapped into a growing market opportunity, helping companies control time and expenses spent on managing data center power and cooling.
The latest release of the platform was Energy Center Version 1.1.
Viridity's most recently added customers include asset management firm Highbridge Capital, provider of data management technology F5 Networks and LexisNexis, provider of content-enabled workflow solutions.
Marty Stephens, director of IT at LexisNexis said the product will help the company prepare for the "inevitable" future regulations of energy efficiency in data centers.
""Viridity's EnergyCenter directly addresses our need for a tool to balance power, cooling and utilization in order to save money, enhance service levels and ensure data center sustainability," Stephens said in a statement.
In its first funding round, Viridity raised $7m from the aforementioned investors.