Verari Bags $13M

Blade server startup Verari Systems Inc. completed a Series B funding round worth $13.275 million today, and officials said some of the money could be used to make acquisitions.

Led by Carlyle Venture Partners, the round included previous investors Sierra Ventures, Voyager Capital, and Celerity Partners. Originally known as RackSaver, Verari made its name selling rack servers but switched its focus to blade technology in 2001. In June 2003, the San Diego-based firm bagged $14 million in Series A funding to support its new strategy.

In April this year, the company changed its name to Verari and acquired clustering specialist MPI Software Technology Inc...

Get all the details at Next-Gen Data Center Forum.

— James Rogers, Site Editor, Next-gen Data Center Forum

Be the first to post a comment regarding this story.
Sign In