SynapSense Raises Undisclosed Funding from GE Capital

SynapSense Corp., a Folsom, CA-based provider of wireless resource management solutions for data centers, has raised an undisclosed sum from GE Capital.

GE Energy Financial Services joins the company’s existing investors Emerald Technology Ventures, Sequoia Capital, Robert Bosch Venture Capital, American River Ventures, Nth Power and DFJ Frontier.

The funds will be used for development and market expansion of SynapSense’s Data Center Monitoring, Adaptive Control and Energy Management technology.

The company has also signed a commercial partnership with GE Intelligent Platforms, a technology business that provides software, hardware, services, and expertise in automation and embedded computing, to provide operators with a combined offering aimed at optimizing data centers’ energy use, saving cooling costs and ensuring security, redundancy and resiliency.

26/07/2010