Sentilla Corporation, which provides energy management technology for data centers, has secured $15 million in Series C financing, the company said today. The funding round was led by SingTel Innov8 Ventures, the corporate venture arm of the SingTel Group, with participation from Sentilla’s existing backers, ONSET Ventures and Claremont Creek Ventures. Sentilla says it will use the funding to expand its sales and marketing operations.
Sentilla is among the growing field of players focusing on data center infrastructure management (DCIM), seeking to help data center operators identify cost savings and reduce their power bills by making their facilities more energy-efficient. The company's Sentilla Energy Manager software provides a comprehensive view of data center utilization, application workloads and energy consumption.
"We’re leading the charge to turn IT upside down and deliver more services using less resources," said Mike Kaul, chief executive officer of Sentilla Corporation. "This funding is a validation of what we’ve been seeing in the market and hearing from our valued customers, and provides us with the resources to accommodate growing demand."
"Sentilla’s technology of maximizing business value from IT organizations addresses a critical need – not just for the telecommunications industry, but also in other enterprises that are looking to leverage IT to drive greater revenue and profitability," said Yvonne Kwek, CEO of SingTel Innov8.