Sunday, August 21, 2011

6fusion Raises $7 Million for Cloud Management

6fusion, a start-up based in Raleigh, North Carolina, raised $7 million in funding for its cloud management platform.

6fusion features a unique Workload Allocation Cube (WAC) metering algorithm that standardizes the measurement of storage and compute resources. The company said its UC6 Cloud Management Platform federates private data center and third party cloud operators, providing a single console to allow IT organizations of all types to meter, manage and optimize hybrid cloud infrastructures.

The funding was led by Vienna, Virginia based Grotech Ventures. Intersouth Partners, which led the company's first institutional investment in August 2010, also participated in the round.

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