Virtual Power Systems
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$5.7m | Series A | ||
N/A | N/A | Series A | |
N/A | $1.6m | Early VC | |
$17.0m | Series B | ||
N/A | $12.0m Valuation: $85.0m | Late VC | |
Total Funding | $36.3m |
Recent News about Virtual Power Systems
EditVirtual Power Systems (VPS) specializes in Software Defined Power (SDP) solutions, revolutionizing the data center industry by virtualizing power resources. VPS's SDP platform identifies, aggregates, and pools stranded power within data centers, optimizing power usage and reducing both capital expenditures (CAPEX) and operational expenditures (OPEX). Utilizing machine learning and predictive algorithms, VPS ensures real-time, on-demand power allocation to any tenant, service level agreement (SLA), data hall, room, rack, or workload. This innovative approach allows data centers to maximize efficiency and reliability, serving clients in the technology and data management sectors. VPS operates in the global data center market, targeting enterprises looking to enhance their power management capabilities. The business model is primarily based on software licensing and subscription fees, generating revenue through long-term contracts and partnerships with data center operators and technology providers.
Keywords: Software Defined Power, data center virtualization, machine learning, predictive algorithms, power optimization, CAPEX reduction, OPEX reduction, real-time power allocation, technology sector, data management.