Penguin Computing snaps up $1.5M for Linux cluster virtualization

Penguin Computing, a San Francisco-based provider of Linux cluster virtualization, has just raised $1.5 million of an expected $2 million round of convertible promissory notes and securities, according to a filing with the SEC. It is backed by San Francisco Equity Partners, Convergence Partners, vSpring Capital and Weber Capital.

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About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.