Santa Clara-based FastScale, a developer of virtualization and data center management software, announced Tuesday that the firm has raised $5.5M in a Series B funding round. The round was led by ATA Ventures. Prior investors Leapfrog Ventures and Hunt Ventures also participated, along with a new, unnamed strategic investor. FastScale's software is used to make it easier to deploy virtual servers, by automating configuration management, patching, and other IT management. More information »