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3Leaf Systems Secures $20 Million in Series B Funding, Adds Former McData Executive to Board of Directors

SANTA CLARA, Calif., May 1 /PRNewswire/ — 3Leaf Systems, provider of next-generation virtualization solutions for enterprise data centers, today announced the close of its Series B round of private equity financing. The $20 million round was led by Intel Capital; existing investors Enterprise Partners, Storm Ventures, and Alloy Ventures also participated. This latest round, which raises 3Leaf Systems' total funding to $32.5 million, will be used to accelerate product development and expand marketing and sales in advance of the launch of the company's products.

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