Virsto Software, a virtual machines storage company, has raised $12 million in Series B venture capital funding led by InterWest Partners with August Capital and Canaan Partners also participating in the round. This investment brings Virsto's total funding to $19 million. Virsto develops an hypervisor-based storage solution that can anticipate the evolving demands, barriers and opportunities native to server virtualization. Virsto One is architected to be storage- and hypervisor-agnostic and allows users to virtualize storage-intensive workloads, maximize consolidation of server and storage hardware, reduce storage management complexity and eventually reduce overall storage costs.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/3FRh-SSXUjQ/
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