Author: JT Smith
“Linux NetworX, a provider of powerful and
easy-to-manage Linux cluster computing solutions, announced today an investment
of $5 million from an unnamed private investor group. This latest investment
will allow Linux NetworX to further advance its goal of being the leading Linux
clustering company. To date, the company has raised more than $12 million in
investment capital.”
easy-to-manage Linux cluster computing solutions, announced today an investment
of $5 million from an unnamed private investor group. This latest investment
will allow Linux NetworX to further advance its goal of being the leading Linux
clustering company. To date, the company has raised more than $12 million in
investment capital.”
Linux NetworX Secures $5 Million Investment Date: Mon, 09 Jul 2001 08:43:22 -0700 From: "Brad Rutledge"FOR IMMEDIATE RELEASE Linux NetworX Secures $5 Million Investment Linux Cluster Computer Company Continues on Growth Path Amid Poor Market Conditions SALT LAKE CITY, UTAH, July 9, 2001 - Linux NetworX, a provider of powerful and easy-to-manage Linux cluster computing solutions, announced today an investment of $5 million from an unnamed private investor group. This latest investment will allow Linux NetworX to further advance its goal of being the leading Linux clustering company. To date, the company has raised more than $12 million in investment capital. "The market demand for our Linux clustering solutions and cluster management tools has continually generated investment interest, even during these difficult market conditions," said Glen Lowry, president and CEO of Linux NetworX. "This latest influx of funding ensures stability for Linux NetworX, allowing us to continue developing our cluster technology and increase our market penetration." Linux clustering is a method of linking multiple computers, or compute nodes, together to form a unified and more powerful system. Linux NetworX provides turnkey Linux clustering solutions to organizations demanding high performance or high availability computing systems. Cluster system management is the top barrier for enterprise organizations seeking to utilize Linux clustering technology. This is why Linux NetworX developed cluster management tools including the ClusterWorX® software, and its hardware component ICE Box(TM). Combined, these tools create a comprehensive cluster management solution for organizations seeking powerful, reliable and easy-to-manage Linux cluster systems. About Linux NetworX Linux NetworX (www.linuxnetworx.com) brings its powerful and easy-to-manage cluster technology to those demanding high availability and high performance systems. Linux NetworX provides solutions for organizations involved in aeronautical and chemical modeling, biotechnology research, oil and gas exploration, graphics rendering and visual effects, Web serving, ISPs, ASPs, and other technological research fields. Through its innovative Evolocity hardware, ICE cluster management tools and professional service and support, Linux NetworX provides end-to-end clustering solutions. To date, the company has built some of the largest cluster systems in the world, and boasts numerous Fortune 500 customers. # # # Linux is a registered trademark owned by Linus Torvalds. All other products, services and companies are trademarks or registered trademarks of their respective owners. CONTACT: Brad Rutledge Linux NetworX 801-562-1010 ext. 218 brutledge@linuxnetworx.com