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Evergrid lands $10M in funding

Data Center Knowledge is reporting that Evergrid, a company started with one of my buds Srinidhi Varadarajan, just landed $10M in Series B funding from Menlo Ventures and Acartha Group LLC.

The company’s software uses virtualization to manage large clusters of servers in high-performance computing (HPC) applications, monitoring the grid for errors and restarting any processes that have stalled.

…Evergrid’s virtualization software takes a slightly different approach than existing hypervisor software (like VMware and XenSource) which virtualize the operating system. Evergrid’s software runs between the application and the operating system, which the company says can improve upon the performance of a hypervisor.

Congratulations, guys.

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