Nlyte Software (formerly Global DataCenter Management) closed a $12 million series C investment led by NGEN Partners with Balderton Capital, Ruffer LLP and Montalcino Holdings participating in the round. The Menlo Park green IT company provides datacenter infrastructure management (DCIM) software and services.
Nlyte Software’s chief executive Jon Temple says, “We help data center managers with… → Read More
Green IT startup Smooth-Stone today announced a new company name, Calxeda (pronounced “cal-zeh-dah”) and the addition of three vice president-level executives to its team: Karl Freund, Bob Baughman and Steve Beatty. The talent comes from IBM, Polycom and Freescale, respectively. Calxeda also launched a new website to reflect its rebranding, and moved into a new corporate headquarters office in… → Read More
Symantec, the software and security company best known for its Norton internet security and antivirus software, released its Corporate Social Responsibility (CSR) report on Monday.
For the uninitiated, CSR reports put a company’s social and environmental objectives, not just their profit and revenue outlook, on the record. They are meant to encourage all businesses, no matter their size, to act… → Read More
Power Assure, a Santa Clara green IT company, today announced that it scored $11.25 million in series B funding. The round was led by energy efficiency-focused investors Good Energies, and joined by Point Judith Capital and Draper Fisher Jurvetson.
Power Assure’s chief technology officer Clemens Pfeiffer said the company will use this capital to take its technology to a broader market. Its… → Read More
We’ve already established that your favorite tech company, from Apple to HP to Nintendo, and everyone in between, is being pressured to go green. While some of the tactics may be a bit silly, I think it’s safe to say that you’d rather see these companies green than not green, right? It makes us feel good about ourselves, that even though we’re buying hunks of plastic and metal—Lord knows… → Read More