Wednesday, September 7, 2011

Power Assure Gets Funding From In-Q-Tel

Santa Clara-based Power Assure, a developer of data center infrastructure and energy management software, said Wednesday that it has received a strategic investment and development agreement from In-Q-Tel, the investment firm of the CIA. Size of the investment was not disclosed. Power Assure's software helps data center managers collect utilization, efficiency, and other information from facilities and IT equipment. The firm is headed by Brad Wurtz. Power Assure is also backed by ABB Technology Ventures, Draper Fisher Jurvetson, Good Energies, and Point Judith Capital. More information »