Wednesday, November 28, 2007

Platform Solutions Raises $37M

Sunnyvale-based Platform Solutions, a developer of mainframe computing systems, said Tuesday that it has raised $37M in a Series C round of funding. The funding came from Blueprint Ventures, Goldman Sachs, Intel Capital, InterWest Partners, InvestCorp and Microsoft Corp. Platform Solutions said it will use the capital to expand engineering, sales, and marketing. Platform Solutions is developing mainframe computing hardware; the firm is a spinoff of Amdahl Corporation. More information »