Univa UD Raises Series B Financing

Lisle, IL and Austin, TX based Univa UD (formed when Univa merged with Austin’s United Devices) has announced a second round of financing.

The company which produces hpc systems management and data center visualization software raised the round from new investor River Cities Capital Funds as well as several investors that participated in the company’s first funding round, including ARCH Venture Partners, New World Ventures, Appian Ventures and OCA Ventures.

They plan to use the money to further build out their development team in order to meet the goals of their product roadmap (and full coffers are always nice in a slacking economy).

The amount of the funding remains undisclosed.

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