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Tech Industry

DataSynapse grabs $15 million

DataSynapse has raised a $15 million second round of funding led by Bain Capital Ventures. First Union eVentures and Intel Capital also participated in the round, bringing DataSynapse's total funding to nearly $20.3 million. The New York-based company takes the idle power of a company's bank of PCs or servers and uses its software to aggregate the processing power. The technology is designed to allow companies to increase the speed of processing their applications using existing hardware. See complete list.

DataSynapse has raised a $15 million second round of funding led by Bain Capital Ventures. First Union eVentures and Intel Capital also participated in the round, bringing DataSynapse's total funding to nearly $20.3 million. The New York-based company takes the idle power of a company's bank of PCs or servers and uses its software to aggregate the processing power. The technology is designed to allow companies to increase the speed of processing their applications using existing hardware.

See complete list.