TORONTO, CANADA – MMV Financial Inc., a Toronto based specialty finance company today announced that it has closed a financing for CiRBA Inc., a leader in Data Center Intelligence solutions, for an undisclosed amount.
CiRBA’s enterprise software enables organizations to rapidly analyze and visually map the safest path to an optimally consolidated and virtualized data center. Using a unique cross-platform approach, CiRBA addresses all configuration, workload and business constraints required for success within any consolidation strategy.
“CiRBA’s DCI solution provides a comprehensive solution that enables companies to identify and manage how server consolidation and virtualization can best be applied to and benefit an enterprise’s data center,” said Ron Patterson, EVP MMV Financial. “The company is at the forefront of a fast growing market and we look forward to its continued growth”.
Gerry Smith, President and CEO of CiRBA, added "We are very pleased to have MMV invest in CiRBA. This financing enables us to continue our rapid growth and extend our market leadership."
About CiRBA Inc.
CiRBA is a leading provider of Data Center Intelligence (DCI) solutions. CiRBA software provides IT organizations with the empirical configuration and workload analyses required to uncover waste in the data center and identify associated consolidation and virtualization opportunities. Global 5000 customers can make better decisions in order to maximize usage of their assets while reducing risk. For more information, visit http://www.cirba.com/.
Media Contact: Kim Baker
About MMV Financial Inc.:
MMV Financial is a Toronto-based specialty finance company providing creative debt solutions directly to technology and life sciences companies across North America. MMV is backed by top U.S. and Canadian private equity firms and financial institutions including CCP Equity Partners, Caisse de dépôt et placement du Québec, NewStar Financial, Inc., and Wells Fargo Company. For more information visit www.mmvf.com or contact:
Ron Patterson, Executive Vice President
MMV Financial Inc.