Tuesday, January 29, 2008

Virtual Iron Software Raises $20 Million in Venture Capital - Lowell, MA

Virtual Iron Software, a Lowell-based provider of computer server virtualization software, has raised $20 million in a new round of venture capital. Investors in the deal include Highland Capital Partners, Matrix Partners, Goldman Sachs, Intel Capital and SAP Ventures. Virtual Iron announced that the software is currently deployed in over 1,450 organizations worldwide, with over 40% of the company's revenue and customers now coming from outside North America.



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