4 Washington State venture firms give startup, illumita, a vote of confidence
| August 10, 2007 |  View for printing |
By Benjamin J. Romano
Seattle Times technology reporter
Without dropping a huge pile of cash, four high-profile venture capital outfits are making a major statement about a local startup company's entry in a fast-growing field of software that promises to save businesses billions.
They're investing $6 million in illumita http://www.illumita.com/ , founded last year by four University of Washington computer scientists to commercialize their research into virtualization technology.
"It really is a game-changing technology," said Brad Silverberg, formerly a top Microsoft executive and a founder of Ignition Partners, which joined Madrona Venture Group, Bezos Expedition and Washington Research Foundation in the financing round to be announced today.
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