SandForce gathers $21M for flash memory processors
SandForce, maker of flash memory processors, has raised $21 million in a third round of funding. Based in Santa Clara, Calif., the company is backed by TransLink Capital, UMC Capital, LSI Corp., Red Maple Ventures, Darwin Ventures, A-Data Technology, DCM, Storm Ventures and unnamed others.
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