(WEB HOST INDUSTRY REVIEW) — Data center hardware and software provider Egenera (www.egenera.com) has been given $3 million in new venture capital funds in a follow-on equity round from existing investors, company officials told regional industry news site Mass High Tech.
According to the Monday report, Marlborough, Massachusetts-based Egenera’s new investment funding has come to a total of at least $180 million, funding its plans to boost its channel sales relationships for its fault-tolerance and high-availability solutions.
Earlier this month, Egenera achieved an important milestone in its partnership with hardware developer Dell (www.dell.com) when it released Dell PAN System 2.1, which provides powerful management tools to create a flexible, policy-driven, highly-available and unified computing infrastructure.
“We are pleased to continue delivering our leading infrastructure orchestration solution on Dell platforms,” Egenera chief technology officer and engineering executive vice president Pete Manca said in a statement. “Enterprise data centers today often require multiple management solutions to oversee their virtual and physical computing resources. Dell PAN System 2.1 provides an easy to use, unified approach to managing all compute resources thereby saving Dell customers up to 70 percent in data center operational expenses.”
Egenera has been undergoing a transforming from being a hardware provider to a software developer, which has won them nine customer wins over the past two quarters, including the U.S. Veterans Administration and Lockheed Martin. Despite cutting its workforce by 28 percent last November Egenera hopes that its focus on software and channel sales, as well as its new financial backing will help it succeed through the recession.
