SynapSense Closes $16M Series C Financing

SynapSense Corp., a Folsom, Calif.-based provider of data center infrastructure management solutions, has closed a $16m Series C financing.

The round was led by Crosslink Capital, with participation from Aeris Capital, Emerald Technology Ventures, GE Energy Financial Services, Nth Power, Robert Bosch Venture Capital and Sequoia Capital.

The company intends to use the capital for product development and global market expansion.

In conjunction with the funding, Louis DiNardo, a partner with Crosslink Capital, joined SynapSense’s board.

Led by CEO Peter Van Deventer, the company offers a complete data center optimization platform designed to deliver visibility, resiliency and energy savings in data centers.
SynapSense serves customers in industries including finance, technology, healthcare, defense, aerospace and utilities.

FinSMEs

20/07/2011

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