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Lane15 grabs $12 million

Lane15 Software has raised $12 million in a second round of funding. Investors included Index Ventures, Quanta Computer, Convergent Investors, and previous investors AV Labs, Austin Ventures, Dell Ventures, Intel Capital and Lightspeed Ventures. Representatives from Index and Austin Ventures will both be joining Lane15's board. Austin, Texas-based Lane15 has raised a total of $22 million. The company develops software designed to increase the flexibility and reliability of data centers by connecting and managing companies' storage and communications networks and server clusters.

Lane15 Software has raised $12 million in a second round of funding. Investors included Index Ventures, Quanta Computer, Convergent Investors, and previous investors AV Labs, Austin Ventures, Dell Ventures, Intel Capital and Lightspeed Ventures. Representatives from Index and Austin Ventures will both be joining Lane15's board. Austin, Texas-based Lane15 has raised a total of $22 million. The company develops software designed to increase the flexibility and reliability of data centers by connecting and managing companies' storage and communications networks and server clusters.