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Scalent Receives $15M in Third Round Funding

Tuesday, January 23, 2007 7:00:00 AM PDT | VentureDeal Staff

PALO ALTO, CA -- Scalent Systems announced the closing of its series C investment round, securing $15 million in new investment.

New investor Credit Suisse led the round, which included participation from existing investors Hummer Winblad Venture Partners, JK&B Venture Partners and Pequot Capital.

The company provides server infrastructure repurposing software and said it intends to use the funding proceeds primarily to expand sales operations.

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