Redwood City, Calif. -- MonoSphere, a Redwood City-based developer of storage capacity planning software, said that it has raised $11 million in its second round of funding, led by Intel Capital. Previous investors ComVentures and Lightspeed Venture Partners also participated in the round, which the company has used to open a new office in New York. MonoSphere's software is used by large companies to automate their storage capacity planning processes, reducing the costs associated with storage infrastructure.
http://www.monosphere.com/
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