What is Virtual Power Systems?
Headquartered in Milpitas, California, and established in 2012, Virtual Power Systems specializes in sophisticated energy control software. The company's core value proposition lies in its proprietary platform, which aggregates real-time data from infrastructure devices to execute automated operational adjustments. By utilizing machine learning algorithms, the software optimizes power utilization, effectively reducing waste and enhancing the reliability of complex electrical systems. This technology is essential for data centers and large-scale industrial facilities seeking to maximize their energy capacity without the need for costly physical infrastructure upgrades.
How much funding has Virtual Power Systems raised?
Virtual Power Systems has raised a total of $40.6M across 6 funding rounds:
Private Equity
$1.6M
Series A
$4.2M
Private Equity
$5.5M
Series B
$17M
Debt
$350K
Unspecified
$12M
Private Equity (2014): $1.6M, investors not publicly disclosed
Series A (2016): $4.2M, investors not publicly disclosed
Private Equity (2016): $5.5M, investors not publicly disclosed
Series B (2019): $17M featuring CUI Global
Debt (2020): $350K backed by PPP
Unspecified (2020): $12M with participation from Undisclosed
Key Investors in Virtual Power Systems
CUI Global
CUI Global is a technology firm specializing in the development and distribution of electronic components, with a strong focus on power supply design and industrial control systems.
Undisclosed Investors
PPP
Public-Private Partnership
What's next for Virtual Power Systems?
With the recent influx of capital, Virtual Power Systems is well-positioned to scale its software-defined power solutions across broader enterprise markets. The strategic focus will likely shift toward deepening the integration of its machine learning capabilities with existing hardware ecosystems, thereby increasing the platform's utility for global energy management. As the industry pivots toward more sustainable and efficient power consumption models, the company's ability to provide granular, automated control will be a key differentiator. Future growth will likely involve expanding its footprint in high-density computing environments where power efficiency is a primary operational constraint.
See full Virtual Power Systems company page