Wednesday, February 28, 2007

Terascala Raises $3 Million in First Round of VC - Avon, MA

Terascala, an Avon-based developer of Linux cluster architecture, on Wednesday announced that it has secured $3 million in first round funding from Ascent Venture Partners. Terascala was founded in 2005 to develop a Linux cluster system for computing and storage that combines high density and power efficiency. The company said that it will use the capital to accelerate its sales and marketing activities, and to increase its manufacturing capabilities as it continues to ship beta versions of its product.


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