Power Assure helps CIOs manage server power, gets $13.5M | VentureBeat | Green | by Meghan Kelly
Summary
Data center power-saving software company Power Assure has pulled in a $13.5 million funding round led by strategic partner ABB in addition to previous investor Draper Fisher Jurvetson, the company announced yesterday. However, it is becoming constrained by the availability of power, especially in high density areas where space is a limitation,” said Tarak Mehta, Head of ABB’s Low Voltage Products division in a statement. Managing large scale data centers is a cumbersome task when combined with powering multiple computers on one physical server, cooling costs and more. The company provides software to track and analyze this data, allowing data center managers to make better decisions on how to run their servers more efficiently as well as how to optimize usage to save power and free up server space. The company has raised $28.75 in total from investors ABB Technology Ventures, Draper Fisher Jurvetson, Good Energies, Point Judith Capital.