Verari Systems Founder Buys The Company
Verari Systems, a San Diego-based provider of data center consolidation platforms, said that most of its assets have been purchased by company founder David Driggers. No financial terms were disclosed. Verari laid off most of its employees last month, as part of what the company called a "controlled reorganization." It had raised over $80 million in VC funding, from firms like Celerity Partners, Carlyle Venture Partners, Sierra Ventures and Voyager Capital.
19 January 2010•2 mins read
