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VIEO Vamps Up $5.5M

InfiniBand-turned-application-management startup VIEO Inc. announced today that it has received an additional $5.5 million in funding from two brand-new investors (see VIEO Gets $5.5M Investment and VIEO Goes Vanilla).

The cash, which tops off the $15 million B round VIEO landed in January, brings the company's total funding to $45 million (see VIEO Closes $15M). The latest funding comes from private equity investor Invesco and Avocent Corp., a vendor of KVM (keyboard, video, and mouse) switches for remotely managing data-center devices.

Avocent, according to the startup, opens up some interesting possibilities for VIEO down the road. "They would not have invested if there weren't the possibility for a strategic relationship," says Steve Harriman, VIEO's VP of marketing. He says Avocent sees the startup's application management appliance, currently in beta, as an opportunity to augment its data-center offerings.

A tighter relationship with Avocent also benefits VIEO, because the startup may get access to the switch vendor's numerous customers, OEM partners, and strategic alliances, Harriman says. "That could open doors that otherwise wouldn't be open to us," he says.

Neither Invesco nor Avocent could be reached for comment by press time.

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