Data center efficiency firm gets $16m, eyes bigger market

California-based SynapSense, which provides energy-efficiency solutions for data centers, has secured $16 million in fresh financing to help it expand its operations.

Led by Crosslink Capital, the investment round also includes funds from Aeris Capital, Emerald Technology Ventures, GE Energy Financial Services, Nth Power, Robert Bosch Venture Capital and Sequoia Capital.

The funding will help the company move ahead with both product development and global market expansion, according to Peter Van Deventer, CEO of SynapSense.

The company’s wireless data center monitoring and energy management solution combines hardware and software to generate energy savings of up to 20 percent and also reduce carbon emissions, according to SynapSense. The technology has been deployed by customers in numerous markets, including finance, healthcare, defense and utilities.