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Verari lands $20M in financing

Verari Systems is reporting today that they’ve landed $20M of private equity funding

Verari Sytems logoVerari’s latest round of financing was led by Carlyle Venture Partners, a fund managed by The Carlyle Group, along with Voyager Capital, Sierra Ventures and a strategic investor. The financing is expected to be expanded up to a total of $25M to include several other private investors. Verari will use the funds to bring its next generation of blade-based server and storage solutions to market and further its research and development of energy-saving technologies for the green data center.

David Driggers, Verari’s CTO and one of the original founders

“It was an exciting week at Verari Systems. The completion of our financing marks a moment of affirmation for our technology. Since bringing David B. Wright on as CEO, we’ve seen increased growth across the board; in our customers and in emphasizing and evangelizing our responsibility to a green data center.”

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