Tuesday, 30 August 2011

SynapSense raises $16m funding for expansion

SynapSense Data centre infrastructure management (DCIM) company SynapSense has raised $16m from investors, led by Crosslink Capital.  The investment is earmarked to help SynapSense provide global customer support and meet the demand for its data centre optimisation platform.

It’s a sign of the growth in this important green IT market that SynapSense is the second DCIM company I’ve reported on recently that has announced a financing round. Sentilla has raised a similar amount - $15m – as I reported last Friday. (In fact SynapSense was first off the block but I missed the announcement).

SynapSense claims to offer the most complete data centre optimisation platform, delivering visibility, resiliency and energy efficiency to data centres. “Strong customer demand validates that real ROI is the core component of the emerging DCIM segment and SynapSense has emerged as the recognised leader,” according to Peter Van Deventer, CEO.


See my comments on Sentilla last Friday. This is a dynamic, evolving and competitive market and there’s a strong sense that money is being poured in to help players establish a market presence for the long term. But nothing is guaranteed, given the competing technologies and lack of standards in DCIM. Fertile ground for venture capital, though.

© The Green IT Review

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