Deals

Librato raises $2.8M to make companies more efficient

Librato, a provider of workload management software, has raised $2.8 million of an expected $6.4 million round of equity, according to a filing with the SEC. The Santa Clara, Calif.-based company, formerly known as Evergrid, helps companies reduce operating and capital expenses by creating data center efficiency. The software company last received $10 million in 2007 from Menlo Ventures and Acartha Group.