Information integration provider CenterBoard Inc, which last year was spun out of Siemens’ incubation facility, has secured $6 million in a Series B round of financing. This is in addition to the $6 million it raised in its first round of financing in November 2003.
The new funding round was provided by Bay Partners, Woodside Fund, and Siemens Venture Capital.
CenterBoard’s technology was originally designed and deployed by the US Army to control troops and assets in the battlefield in 1999. Siemens brought Dr Julio Navas (now CenterBoard’s CTO) into its incubation center to develop commercial applications for the technology. The company was spun out from Siemens in 2003.
The Pleasanton, California-based company offers what it calls a Virtual Operational Data Store, which combines network and database technologies to change the way enterprises integrate data. The Virtual ODS delivers access to information across the enterprise as if it were a single database, without copying data.