HyTrust Raises $10.5 Million To Help Companies Virtualize Systems
HyTrust, which helps companies manage and control virtual infrastructure, has secured $10.5 million in Series B funding from Granite Ventures and Cisco Systems. Existing investors Trident Capital and Epic Ventures also participated in the round. The latest round of funding brings the HyTrust’s total funding to $16 million.
HyTrust says it will use the new funding to drive product development and to fuel sales and marketing efforts. HyTrust has developed a policy management system specifically for virtualization, enabling IT departments to control and virtualize servers.
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