PowerCloud Systems, a spin-out of Palo Alto Research Center (PARC) that offers a 'networking-as-a-service' platform for OEMs and service providers, has raised
$6 million in Series B funding in a round led by
Qualcomm Ventures, with prior backers Walden Venture Capital, Javelin Venture Partners and PARC participating. The capital will be used to enhance the company's online software platform,
CloudCommand.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/I7tfxNauSzc/
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