FastScale secures $5.5M for cloud management
FastScale Technology, a provider of tools for managing virtual computing environments and data centers, has raised $5.5 million in a second round of funding from ATA Ventures, Leapfrog Ventures, Hunt Ventures and an undisclosed corporate investor.
Based in Santa Clara, Calif., the company’s flagship software, FastScale Composer Suite, makes it easier for companies to flexibly respond to changing data and volume requirements by adding or subtracting virtual servers from its system. It also reduces the amount of hardware needed for equivalent data center operations and therefore overall cost and efficiency.
FastScale last raised funds in 2006, bringing in $6.5 million from the same firms.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.