Sistina Software, a start-up with software to help numerous Linux servers collectively share a single set of data, has obtained $10 million in venture funding, the company said Monday.
The Minneapolis-based companys software helps bring a high-end feature to Linux that could help database giant Oracle achieve its vision of replacing expensive machines with dozens of processors with collections of less expensive, smaller servers. Its a goal that could lift Linux into more important, demanding jobs.
The series B funding, led by Crescendo Ventures with Validus Partners participating, should be enough to carry the company to profitability, a Sistina representative said. Sistina now has raised a total of $20 million.
The company has more than 30 employees and expects to increase that to more than 50 by the end of 2003, the representative said. Customers include Deutsche Telekom and NASA.
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News source: C|Net