$17 Million For Large Cloud Data Centers

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Posted on 10th June 2011 by cloudhostingguy in Cloud Hosting

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JouleX– an Atlanta tech startup promising a way to cut energy consumption and reduce costs at large cloud data centers by about half– closed a $17 million round of financing, the company announced today. Investors included: Sigma Partners, Flybridge Capital Partners and Intel Capital, along with earlier investors Target Partners and TechOperators.
According to the JouleX’s website, its JEM for Data Centers product:

“…Measur[es] dynamic energy consumption and utilization of any device attached to the network, and supports devices such as physical and virtual servers, core routers and switches, storage, power distribution units (PDUs) and others.”

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