Deals

Virsto packs away $7M for virtual storage space

Virsto Software, creator of virtual storage space, has brought in $7 million in a first round of funding, giving makers of server virtualization equipment a boost, reports VentureWire. Based in Mountain View, Calif., the company says its products are capable of managing any storage issues arising from server virtualization, but has yet to release specifics.

August Capital led the recent round of financing, bringing Virsto’s total capital raised to $8.25 million.