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.
Compliance software maker Autonomic fails to rebrand, shutters
Autonomic Networks, the very recently reinvented version of Vernier Networks, has finally given up the ghost after failing to raise a new round of capital. The Mountain View, Calif.-based maker of software that monitored compliance with network security protocols had just launched a beta of its lead product in October. At that point, it already had five clients enlisted for the trial and expected to bring on seven more.
But even then it was running on… Continue Reading
Penguin raises $3.11M for Linux cluster virtualization
Penguin Computing, a San Francisco-based provider of Linux cluster virtualization, has raised just over $3.11 million in a third round of funding, according to a regulatory filing cited by PE Wire.
Shareholders include vSpring Capital, San Francisco Equity Partners, Weber Capital and Convergence Partners.
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