3Leaf Systems raises $35 million round for enterprise virtualization technology
Virtualization technology is still buzzing with activity, as its adoption by large companies remains one of the biggest trends in the economy right now.
Virtualization grabbed headlines 13 months ago, when VMware raised nearly $1 billion in an initial public offering. Now virtualization chip maker 3Leaf Systems has raised $35 million in a third round of funding to expand its offering.
Virtualization technology saves money for big companies, because it reduces the number of machines or other… Continue Reading
3Leaf, virtualization company, raises $20M more
3Leaf Systems, a Santa Clara, Calif. company that provides a server virtualization product for data centers, said it has raised $20 million in a second round of funding.
Virtualization is a hot trend because it makes data centers more efficient.
The round was led by Intel Capital, the company said in a statement sent out under embargo last week. Existing investors Enterprise Partners, Storm Ventures, and Alloy Ventures also participated in the round.
The round raises… Continue Reading