Quoting from the Virtensys official announcement:
VirtenSys Ltd., a leading developer in the emerging and fast growing PCI Express? IO virtualization market, today announced the closing of a US$12 million first round of financing from a syndicate including Scottish Equity Partners (SEP), Celtic House Venture Partners (CHVP) and GIMV. SEP led the deal with SEP, CHVP and GIMV co-investing equally. The investment enables the Company to add to its team, complete its product development and generate initial revenues.
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VirtenSys, a fabless semiconductor company, provides critical IO virtualization solutions to the data centers, storage and networking infrastructure markets.
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VirtenSys was founded in December 2005, and has assembled an exceptional team of experts in semiconductor and system development across a wide range of protocols and technologies with background at ICL, Fujitsu, Power X and Xyratex. The majority of the team was most recently with the Integrated System Division of Xyratex…