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Sunday, October 18, 2009

GridCentric receives funding from the Rogers Venture Group

On September 2nd GridCentric Inc, a Toronto-based startup developing a platform for the provisioning and management of High Performance Compute (HPC) clusters using virtualization, closed a seed round of financing with the Rogers Venture Group (http://rogersventures.ca).

GridCentric was founded in early 2009 by Andres Lagar-Cavilla, Adin Scannell, and Tim Smith. GridCentric's platform is based on technology that enables stateful cloning of a running virtual machine to dozens of physical hosts in less than a second.

Mike Lee, Rogers Communications' Chief Strategy Officer, has joined Adin Scannell and Tim Smith on GridCentric's Board of Directors.
Posted by Tim Smith at 2:29 PM
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1 comments:

  1. Incredibly awesome! Congratulations!! I'm really really happy and excited for you guys :))

    Your idea has a great potential for insane growth and who knows.. maybe in a year or two you'll get an insane offer from VMWare... or perhaps, you might be the ones making a counter-offer to them ;)

    I guess hard work and dedication *does* pay off!
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