Linux NetworX Raises $5 Million in Equity Funding from Canopy Group

Linux NetworX, a provider of large-scale clustered computer solutions, has raised more than $5 million in equity funding from private investor Canopy Group. The company uses the Linux operating system to create reliable and cost-effective alternatives to supercomputers for organizations demanding high performance and extremely low failure rates. With this new funding, Linux NetworX plans to develop additional cluster technology and services, acquire products, form strategic partnerships, and extend market penetration. Canopy Group recognizes the market potential for Linux NetworX's high-performance and highly scalable cluster computing solutions and expects to form some strategic partnerships with the company.