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Egenera secures $30M for new server type.(Brief Article)
Byline: Lou Whiteman
The slump plaguing established computer equipment makers has apparently not dulled investor interest in startups working on next-generation server products.
Marlboro, Mass.-based Egenera Inc. is the latest beneficiary of this trend, announcing Monday that it has secured $30 million in second-round funding. Terms were not disclosed, but officials and investors say the company's value increased considerably in this round over its first funding in October.
Egenera is the brainchild of Vern Brownell, a former chief technology officer of Goldman, Sachs & Co. Brownell said his frustration in trying to manage an extensive network of servers at Goldman led him to think …
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