Vapor IO, an Austin, Texas-based provider of a modular data center solution, raised a Series A funding round.
The round was led by Goldman Sachs, with participation from AVX Partners. In conjunction with the funding, Tom Jessop, managing director at Goldman Sachs, and Chris Pacitti, general partner at AVX Partners, will join Vapor IO’s board of directors.
The company intends to use the funds to expand its engineering and development teams, accelerate product and growth.
Led by Cole Crawford, founder and CEO, Vapor IO provides a hyper modular solution that aims to lower costs when building and running data driven data centers and eliminate integration problems.