FastScale raises $6.5M for data center management product
FastScale Technology, a Sunnyvale, Ca. startup that wants to sell software that helps companies management their data and use fewer servers, said it has raised $6.5 million in a first round of funding from ATA, Leapfrog and Hunt Ventures.
There are many companies targeting this area. Here are parts of the company’s statement:
…FastScale has designed patent-pending technology to enable users to significantly streamline the management and deployment of server software and better utilize existing infrastructure.
“IT infrastructure continues to become more complex and costly to manage. At the heart of today’s server sprawl and poor utilization is ever-expanding, increasingly complex software,” said Lynn LeBlanc, CEO of FastScale.
…FastScale will announce general availability of its first product, FastScale ComposerTM, in April 2007.
Next Story: Video game developer, Brash Entertainment to raise whopping $150M plus round
Previous Story: Aerovance, asthma treatment company, finishes raising $60M
