Virsto packs away $7M for virtual storage space

Virsto Software, creator of virtual storage space, has brought in $7 million in a first round of funding, giving makers of server virtualization equipment a boost, reports VentureWire. Based in Mountain View, Calif., the company says its products are capable of managing any storage issues arising from server virtualization, but has yet to release specifics.

August Capital led the recent round of financing, bringing Virsto’s total capital raised to $8.25 million.

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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.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.