Data center virtualization specialist CiRBA Inc., has raised $12 million in its second round of institutional funding, the company said this week. The funding was led by Sigma Partners and also included existing investor Edgestone Capital Partners. The cash will "enable CiRBA to further accelerate growth on a global scale, with investments in sales, marketing and product development."
CiRBA's software helps companies analyze their existing data center and devise a strategy for using virtualization in data center consolidation and migration. CiRBA also provides tools for managing virtualized infrastructure. The company was founded in 1999 and is based in Ontario, Canada.
"CiRBA is uniquely positioned to help organizations realize their plans around data center virtualization," said John Mandile, Managing Director of Sigma Partners and a new member of CiRBA's board. "As almost every company today takes on this transformation, it is becoming very clear that the complexity of these initiatives and the resulting ongoing management challenges necessitate the kind of powerful analytics that only CiRBA provides."
"We have experienced tremendous growth and response from customers, industry leading IT services partners and analysts alike over the past year," said Gerry Smith, president and CEO of CiRBA. "We are thrilled to bring Sigma Partners into the fold and we look forward to benefiting from their extensive experience in helping organizations like CiRBA perform to their potential and navigate rapid growth."