Verari Bags $13M

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
Like what we have to say? Click here to sign up to our daily newsletter
Cable Next-Gen Technologies & Strategies – Making cable faster, broader, deeper, better
If you want to know where the cable tech space is heading, we've got you covered. Join the biggest names in the industry in Denver, CO on March 14 & 15 for the latest edition of Light Reading's Cable Next-Gen Technologies & Strategies conference.
Back for a record 16th consecutive year, Cable Next-Gen is the premier independent conference covering the broadband technology market. This year's edition will tackle all the top tech topics, including 10G, DOCSIS 4.0, Distributed Access Architecture, next-gen PON, fixed wireless access, network virtualization, the Digital Divide and more
Get your free operator pass here.