Intel Capital and Others Put $10 Million In Virtualization Infrastructure Startup Virtustream

Virtualization startup Virtustream has raised $10 million in Series B round financing from Intel Capital, Columbia Capital, Noro-Moseley Partners, and TDFunds. This brings the company's total funding to $59 million. Virtustream provides strategy, integration and managed services utilizing virtualization technologies, and xStream, the company?s cloud provisioning platform. xStream allows enterprise customer to access highly elastic cloud computing resources at a consumption-based pricing model, similar to Amazon EC2.

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