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Sacramento Startup Synapsense Secures $10M

SynapSense Corporation, a leading provider of wireless instrumentation solutions, based in Folsom, CA, has received $10 million in a series B financing round. The funding is led by Emerald Technology Ventures, with participation by all current SynapSense investors including Sacramento VC firms— American River Ventures and DFJ Frontier. The company will use proceeds from this financing to expand all corporate operations supporting its data center market initiatives.

SynapSense also introduced the SynapSense Wireless Green Data Center Solution. This initial product offering from SynapSense enables green data centers to dramatically reduce energy costs and carbon footprint while optimizing data center operational efficiencies. Customers have found that the SynapSense Wireless Green Data Center Solution provides data center operators up to one million vital signs per day, which can enable savings of up to 30 percent of energy costs by providing new data intelligence, triangulation and tools to monitor and react to actual data center conditions.

The SynapSense Wireless Green Data Center Solution is already deployed globally in numerous data centers operated by major companies. IBM, the Lawrence Berkeley National Labs and the Silicon Valley Leadership Group are among the early proponents of SynapSense’s technology.

SynapSense was formed in May 2006 by Peter Van Deventer, a former Intel Corporation sales and marketing executive, and Dr. Raju Pandey, a University of California Davis Computer Science professor who is SynapSense’s Chief Technology Officer. The company’s solutions can be found in numerous Fortune 500 companies, and extend beyond the data center to providing wireless instrumentation solutions to the entire enterprise.

Could this be the first traditional technology company that is also a green technology company. Exciting stuff - a home-grown startup with lots of promise.

Gillian Parrillo
The Sacramento Executive

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