26 Sep '11, 11am

Power Assure Raises $13.5M to Keep the Data Center Energy Efficient

Power Assure Raises $13.5M to Keep the Data Center Energy Efficient

Data centers are a crucial engine of our IT-driven world and they consume enormous amounts of power. Power can account for up to 30 percent of the operating expenses of web companies, second only to personnel. The EPA has estimated that the nation’s servers and data centers consume about 1.5 percent of the nations electricity (in computing power and cooling) at a cost of billions of dollars. The sector is an enormous energy user but there's also ample room for improvements in the sector's energy efficiency. Power Assure, a Santa Clara, California-based data center energy management software firm, just closed a $13.5 million round B financing led by industry powerhouse ABB along with Draper Fisher Jurvetson, Good Energies, and Judith Point Capital. Andrew Tang, a managing director at ABB Technology Ventures, will join Power Assure's board. Power Assure provides server optim...

Full article: http://www.greentechmedia.com/articles/read/Power-Assure-...

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