News

Deal Announcements

Fortisphere Fuels Up With $10 Million Initial Funding

Tuesday, November 20, 2007 5:45:00 AM PDT | VentureDeal Staff

GLENWOOD, MD -- Fortisphere said that it has raised $10 million in its first institutional round of venture capital funding.

The company sells a virtual machine software suite that allows enterprise IT departments to better manage their virtualized compouting environments.  Fortisphere was founded in October, 2006.

Investors in the round included co-leaders Fairhaven Capital and Globespan Capital Partners.

The company said it will use the funding to continue product development, expand its sales team and increase its visibility in the marketplace.

Email Page  Email Page | Print Page Print Page

Loading

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.