VirtualLogix secures $16 million in Series B financing

Posted by virtualization.info Staff   |   Tuesday, July 17th, 2007   |  

Quoting from the VirtualLogix official announcement:

VirtualLogix, Inc., the Real-Time Virtualization company, today announced that it has secured $16 Million in Series B financing. This funding includes participation from new investors, Esprit Capital Partners, who led the round, and Intel Capital. Current investors, Atlas Venture and Index Ventures also contributed to the Series B funding.

As part of the investment, Tom Bradley, partner at Esprit Capital Partners, will join the Board of VirtualLogix and John Mascarenas, from Intel Capital, will join the Board as an Observer. VirtualLogix has raised a total of 28 million dollars to date with investors that include Atlas Venture, Cisco Systems, Esprit Capital Partners, Intel Capital and Index Ventures…



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