Penguin Computing snaps up $1.5M for Linux cluster virtualization
Penguin Computing, a San Francisco-based provider of Linux cluster virtualization, has just raised $1.5 million of an expected $2 million round of convertible promissory notes and securities, according to a filing with the SEC. It is backed by San Francisco Equity Partners, Convergence Partners, vSpring Capital and Weber Capital.
Penguin Computing raises $9M for Linux cluster virtualization
Penguin Computing, a company that sells Linux cluster virtualization, which makes groups of Linux servers appear and act like a single virtual system, has raised $9 million more in funding.
The advantage of cluster virtualization is that it allows control of thousands of systems as if they were a single system, which simplifies management.
The round was led by vSpring Capital, with participation from existing investors, San Francisco Equity Partners, Weber Capital and Convergence Partners…. Continue Reading