Virident raises $13.3M for energy-efficient hardware for computers

Virident, the secretive Los Altos, Calif. company building a hardware that makes computers more energy efficient confirmed it has raised $13.3 million in a first round of funding, something we reported in May.

At the time, we didn’t know much — only that backers included Artiman Ventures and Spansion LLC.

VentureWire (subscription required) has more details today: Artiman Ventures led the round with $2 million from Artiman Ventures, Spansion participated and the Parekh Family Trust and the Ganapathy-Kumar Revocable Living Trust also joined in.

Here’s VentureWire:

The Milpitas, Calif-based company is developing a technology to improve computer energy efficiency. The technology would be focused on computers in Internet data centers and Glazier said the company would hope to partner with companies like Dell, Hewlett-Packard and IBM.

“Companies like Google build a large presence in data centers and buy small, very hot computers,” Glazier said. “If you could build a computer that uses less power there will be a very big market for that.”

Next Story:
Previous Story:

Tags:

About the Author,

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

blog comments powered by Disqus