Investors back PolyServe's Linux cluster hopes with $20m
Posted by Kenneth Farmer, Wednesday August 25 2004 @ 08:13AM EDT
The Register: File system start-up PolyServe has secured another $20m in funding that should keep it going after the Linux and Windows cluster markets for some time to come.
The latest cash infusion was led by Fidelity Ventures, but contributions were also made by past investors, including Greylock and New Enterprise Associates. The extra cash comes as PolyServe tries to carve out a place for itself in what has moved from a niche to a highly competitive market for powerful file systems. Companies such as Veritas, Sun Microsystems, IBM, Oracle and Red Hat are all attempting to show customers that databases and other pricey business software products can run safely and cheaply on clusters of commodity servers.
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