MonoSphere raises $11M for storage capacity planning software

MonoSphere, a Redwood City start-up that gives companies software to manage their storage capacity needs, has raised $11 million in a second round of funding.

Intel Capital led the deal, and was joined by existing backers ComVentures and Lightspeed Venture Partners.

This company overhauled its business strategy last year, moving away from storage virtualization. We’ll see if they can pull it off this time.

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