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“Intelligent” Cloud Automation Gets Substantial Push From Investors

Sep 15, 2010 |

Adaptive Computing, known for its Moab automation technology, announced today that it was one of four companies selected by Intel Capital for a round of Series A funding. The company is set to receive $14 million with Intel’s line combined with further resources from two other investment firms who saw promise in the company and its nine-year track record of growth and profitability.