Wednesday, July 18, 2012

IntelliBatt Raises $22M For Data Center Power

San Francisco-based IntelliBatt, a developer of uninterrupted power supply systems and products, said Tuesday that it has raised $22M in an equity funding round. The round was led by Columbia Capital, and also included CBC Capital and other investors. The firm, which was originally known as Data Power Monitoring Corporation (DPMC), said the funding will go towards growth and expansion of its product line. The firm said it has named Tom Barton, the former CEO of Rackable Systems, as CEO of the firm along wit hthe funding; Todd Ford, former President of Rackable, has been named Co-CEO and COO of the company. More information »