
Racktivity
Antwerpsesteenweg 19, Lochristi, Oost-Vlaanderen, 9080, Belgium
Overview
Racktivity provides power management, rack control and software management solutions designed to save energy, reduce costs, improve uptime and reliability, and protect infrastructure investments and data in datacenters and service provider networks. The company was founded in 2008 and is based in Lochristi, Belgium. It recently raised funding to support growth and expand its commercial footprint. Racktivity is using the proceeds to expand sales efforts throughout Europe by growing the commercial organization and adding distribution channels. At the time of the report the company was hiring. Related past financings are noted in the article's related news. Racktivity sells combined hardware (including "pizza box" and vertical power distribution units) and a SaaS platform that monitors installed equipment, generates real-time reports, and can automatically power down idle servers and routers. Its hardware is being reviewed by Underwriter Labaratories for U.S. electrical-code compliance, with UL certification expected by February 2011. The company was founded in Belgium and has recently opened offices in Redwood City, California. Marco DeMiroz, a former Trinity Ventures partner, took over as CEO from founder Kristof De Spiegeleer in June 2010. Racktivity’s customers are primarily data center owners and operators with 300 cabinets or more; it also sells to small and medium businesses through a partnership with Zenith Infotech. With the new capital the company plans to hire about 20 employees over the next year and may establish manufacturing operations in the U.S.; its products are currently made in Europe. The company has signaled plans to unveil a new "disruptive value proposition" in the spring, but has not disclosed details. Racktivity develops management and control systems for the datacenter infrastructure layer, covering power, temperature, air flow, rack access, humidity and network connectivity. The company provides technology aimed at efficient monitoring and control of large-scale datacenters. Racktivity was founded in 2008 and is led by founder and current CEO Wilbert Ingels, who has prior senior management experience at Level 3 and Terremark. The company is based in Gent, Belgium. In January 2009 it closed a €1.2m funding round to support its operations and growth. Kristof De Spiegeleer is the primary investor and praised collaboration with lead investor Big Bang Ventures.
- Total raised
- $13M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- Mar 2013
Industries
- Energy
- Infrastructure
- Internet
- Predictive Analytics
Recent funding
Equity
Mar 2013
$3M
Series B
Dec 2010
$8M
Equity
Oct 2009
$2M
Team
No current team members are available.