6Fusion, a Raleigh, NC-based marketplace for buyers and sellers of IT infrastructure, raised $6.55m in funding.
According to a regulatory form filed with the SEC, 39 unnamed backers partiticipated in the round.
In addition to the the funding, the company also announced the acquisition of MarkITx, a global IT hardware marketplace, for an undisclosed sum.
Led by CEO and founder John Cowan, 6fusion provides companies with a marketplace to buy, operate, and sell IT, by leveraging technology that enables data driven IT Infrastructure decision making based on real-time consumption metrics, and data standardization. The foundation of 6fusion’s platform is the patented Workload Allocation Cube (kWAC), the vendor agnostic, market standard unit of measurement for IT, which works by comparing realtime utilization (workload) against a fixed baseline (allocation) spanning six vectors (cube) – CPU, Memory, Storage, Disk i/o, LAN i/o, and WAN i/o.
Founded by CTO Ben Blair, MarkITx has built technology for businesses to understand the value of their IT Infrastructure and recoup budget by selling their used equipment in an online auction.
As part of the transaction, Blair will be retained by 6fusion in the capacity of Board Advisor.