Eco4Cloud, a Rende, Italy-based startup that has developed an energy saving solution for data centers, raised €250k in funding.
TIM Ventures, the venture capital arm of Telecom Italia, made the investment, joining current investors Principia and DPixel.
Created as a spin-off of CNR, Eco4Cloud is an innovative and bio-inspired solution that aims to improve the economics of virtualized data centers via an intelligent software platform, which reduces the energy bill and increases efficiency.
In 2013, the company’s solution, which reduces energy needs of data centers up to 60%, has been tested by Telecom Italia’s data centers.
19/11/2012: ECO4CLOUD RAISES €2.3M IN FUNDING