rPath Secures $10 Million C Round of Funding

rPath, a company enabling "cloud computing" via virtual appliances, has raised a $10 million C round led by its existing backers, General Catalyst, North Bridge Venture Partners, and Wakefield Group L.P.

rPath has been a CED member since 2006. rPath was a late stage presenting company at CED's 2006 Venture Conference, and a month later the company received CED's Entrepreneurial Excellence Awards for Start-up of the Year.

In addition, Wakefield Group L.P., has been a CED member since 1995 and supports CED's capital campaign at the Contributor level.