Wednesday, July 14, 2010

Power Assure Gets $11.25M More

Santa Clara-based Power Assure, which develops software for managing data center energy usage, said today that it has raised $11.25M in additional funding. The round came from Good Energies, Point Judith Capital, and Draper Fishre Jurvetson. As part of the funding, the firm said it has added Bernard Brenninkmeijer from Good Energies, and Zaid Ashai from Point Judith to its board. The funding will go towards sales and go-to-market efforts. Power Assure provides software which monitors power consumption across companies, allowing them to optimize their power usage and loading. More information »