Thursday, June 23, 2011

ScaleXtreme Raises $11 Million For Cloud-based Systems Management Software

ScaleXtreme, a vendor of cloud-based systems management products, this morning announced it has landed $11 million in Series B funding in a round led by Ignition Partners with participation from previous backer Accel Partners. Frank Artale, managing director at Ignition, will join the board that includes Ping Li from Accel and ScaleXtreme's Nand Mulchandani and Balaji Srinivasa.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/qpkNBrgkiIY/

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