1. VirtenSys Raises $16 Million in New Round of Funding

    Yahoo! Finance
    VirtenSys Raises $16 Million in New Round of Funding
    VirtenSys™, Ltd, the leader in delivering innovative PCI Express®-based I/O Virtualization (IOV) switches for data centers, today announced that it has received $16 million in new funding. The funding follows strong customer and end-user traction for the company’s I/O virtualization products, and will be used to grow the company’s revenues and broaden its markets and operations worldwide. Participation in the series C funding round included all of the existing investors: Scottish Equity Partners (SEP), Celtic House Venture Partners (CHVP), and Gimv.
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