Monday, January 22, 2007

Scalent Gets $15M For Expansion

Palo Alto-based Scalent Systems said today that it has received $15M in a Series C round of funding. The firm, wich develops software for data center virtualization, said that the round was led by Credit Suisse, and also included existing investors Hummer Winblad, JK&B Capital, and Pequot Capital. The funding will be used for the firm's expansion of sales operations. More information »