November 8, 2006
Scali raises $3.5 million
By Jeff Lavery
Scali, a developer of clustering solutions allowing companies to save space and simply their datacenters, has secured $3.5 million in funding from investors Atlas Venture and Four Seasons Venture.
The Marlboro-based company raised the funds to continue its growth and market share expansion. The company also announced new additions to its management team, naming Jack Kay president and CEO. Kay previously served as president and CEO of Phoenix Technologies, where he was responsible for increasing the company's BIOS market share and bringing about market capitalization increases of more than 600 percent.
The company has its headquarters in Marlboro with offices in Oslo, Norway and Nagpur, India.
WBJ Web Partners
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