Linux cluster companies attract new funds
Reflecting the growing popularity of Linux clusters for high-performance technical computing, two specialists have garnered new investments.
San Francisco-based Penguin Computing raised $10 million, while Linux Networx in Salt Lake City received a $40 million investment. Both companies will use the funds to develop new technology and expand into new markets, they said in announcements Thursday.
Both companies specialize in groups of lower-end Linux servers linked into a high-performance computing cluster. The technology is gaining prominence in industry, academia and government labs, and clusters accounted for nearly half the entries on the most recent list of the world's 500 fastest computers.
Oak Investment Partners led Linux Networx' investment round and new investor Tudor Ventures participated. Ed Glassmeyer, Oak's founding general partner, will join the company's board.
You can read more on it here
posted by Nitin @ 11/05/2004 11:58:00 AM
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