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3Leaf Raises Funds

3Leaf Systems secures $35M in Series C financing to fuel delivery of virtualization solutions
September 22, 2008

SANTA CLARA, Calif. -- 3Leaf Systems (www.3leafsystems.com), a provider of next-generation virtualization solutions for enterprise data centers, today announced that it has secured new financing from a suite of blue-chip investors led by LSI Corporation with follow on investments by Alloy Ventures, Enterprise Partners Venture Capital, Intel Capital, and Storm Ventures. 3Leaf Systems will use the new capital to accelerate development of the company’s virtualization solutions and to expand sales and marketing activities.

According to Jeff Richardson, executive vice president, Networking and Storage Products Group, LSI Corporation, “We are pleased to lead the Series C round as 3Leaf Systems continues to bring their product portfolio to the market. As a leader in providing storage and networking building blocks that are essential to enabling today’s virtual environments, we look forward to collaborating with 3Leaf on developing the next generation of virtualization solutions for the enterprise.”

3Leaf Systems Inc.

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