Too many open files Exception

[dsociative]

Traceback (most recent call last):
  File "src/server.py", line 39, in <module>
  File "/home/dsociative/buildbot/slave/jewels/build/.env/lib/python2.6/site-packages/socket_server/ext/daemon.py", line 121, in restart
  File "/home/dsociative/buildbot/slave/jewels/build/.env/lib/python2.6/site-packages/socket_server/ext/daemon.py", line 83, in start
  File "src/server.py", line 22, in run
  File "/home/dsociative/buildbot/slave/jewels/build/src/engine/core.py", line 116, in run
  File "/home/dsociative/buildbot/slave/jewels/build/.env/lib/python2.6/site-packages/socket_server/base/handler.py", line 75, in run
  File "/home/dsociative/buildbot/slave/jewels/build/.env/lib/python2.6/site-packages/socket_server/base/handler.py", line 64, in accept
  File "/usr/lib/python2.6/socket.py", line 197, in accept
socket.error: [Errno 24] Too many open files