Utiliy Computing Startup 6fusion Raises $3 Million Round

6fusion, a fledgling company that has developed a system to take control of third party computing resources, this morning announced that it has raised a $3 million round of venture capital financing. In addition, the startup announced it has relocated to the Research Triangle region of North Carolina.

The $3 million Series A round was led by Intersouth Partners, and will be used to add to its senior executive team and expand research and development.

6fusion says it has developed an algorithm that significantly simplifies the metering, consumption and billing of compute resources, called the Workload Allocation Cube (WAC).

The company has also developed a platform called UC6, which provides a single pane-of-glass user interface for customers to dynamically provision cloud workloads internal or external to their organization.

Katrin Burt and Mitch Mumma of Intersouth will join the company’s board of directors.