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Tech Industry

iVita gets $6 million

iVita announced on Friday that it received an additional $6 million for its second round of funding. The Houston-based company attracted investments from Austin Ventures, J.P. Morgan Chase and Sternhill Partners, bringing its second round to $21 million. iVita, which has raised a total of $25 million, has developed software designed to help companies determine what assets they own and how to improve the financial decisions behind those assets. The company's software, for example, may suggest the best time to sell existing servers, to buy the latest and greatest equipment on the market, or offer the fair market value of those assets. See complete list.

iVita announced on Friday that it received an additional $6 million for its second round of funding. The Houston-based company attracted investments from Austin Ventures, J.P. Morgan Chase and Sternhill Partners, bringing its second round to $21 million. iVita, which has raised a total of $25 million, has developed software designed to help companies determine what assets they own and how to improve the financial decisions behind those assets. The company's software, for example, may suggest the best time to sell existing servers, to buy the latest and greatest equipment on the market, or offer the fair market value of those assets. See complete list.