Scalent raises $15M for data center virtualization

Scalent Systems, a Palo Alto company offering a data center virtualization software, said it has raised $15 million in a third round of funding.

This round was led by new investor Credit Suisse and includes participation by all existing investors, Hummer Winblad, JK&B Capital, and Pequot Capital, the company said in a statement sent to VentureBeat last week.

From its statement:

Scalent Systems is the first company to virtualize the entire environment of existing virtual and… Continue Reading