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Funding

VMTurbo Raises $10 Million

November 29, 2011 by Robin Wauters Leave a Comment

VMTurbo, a provider of intelligent workload management software in virtualized environments, today announced that it has closed a $10 million Series B round of funding, financed by returning investors Bain Capital Ventures and Highland Capital Partners.

VMTurbo will use the funding to expand product development, customer support, sales and marketing.

VMTurbo is the only virtualization management solution to combine real-time operational performance metrics with unique analytics to drive a broad set of workload management actions that assure both application performance and most efficient use of virtualized and cloud environments.

The company was founded in 2009.

Filed Under: Funding Tagged With: VMTurbo

Puppet Labs Scores $8.5M In New Funding From Cisco, Google Ventures And VMware

November 29, 2011 by Robin Wauters Leave a Comment

Puppet Labs, a provider of IT automation software for system administrators, today announced the closing of $8.5 million in Series C financing. New investors Cisco, Google Ventures and VMware join existing investors Kleiner Perkins Caufield & Byers, True Ventures, and Radar Partners.

With the $8.5 million investment, Puppet Labs has now raised a total of $15.75 million.

The company now boasts more than 250 customers including Zynga, Twitter, NYSE, Disney, Citrix, Oracle/Sun, Constant Contact, Match.com, Shopzilla, Los Alamos National Laboratory, and Stanford University.

In January, Puppet Labs expanded beyond its open source roots and announced Puppet Enterprise, the first commercial version of Puppet, its IT automation solution for system administrators.

In September, Puppet Labs announced Puppet Enterprise 2.0 at its annual user conference, PuppetConf. Puppet Enterprise 2.0 has opened new markets for Puppet Labs in making the provisioning, configuring, and managing of virtualized and cloud infrastructure dramatically easier for system administrators.

Filed Under: Featured, Funding Tagged With: Cisco, Google, Google Ventures, IT automation, IT automation software, Puppet Labs, vmware

Nutanix Secures $25 Million In Funding From Khosla Ventures, Others

October 25, 2011 by Robin Wauters Leave a Comment

Nutanix, a company that offers a simple compute and storage building block for virtualizing datacenters without the need for network storage, today announced that it has raised $25 million in new funding in a Series B round led by Khosla Ventures (see video here).

Existing investors, Lightspeed Venture Partners and Blumberg Capital, are also participating in the round.

“When I was at Sun Microsystems, the focus was on decoupling the client and the server over a physical network. In the 30 years since then, the clock has turned full circle,” said Vinod Khosla, founder of Khosla Ventures. “Virtualization has made it possible to run clients and (storage) servers in the same hardware. Network storage, as we know it, is ready to be radically disrupted. Datacenters will be dramatically faster, simpler and greener with Nutanix.”

Nutanix’s over-subscribed Series B round of funding follows the company’s successful August launch of its flagship product, Nutanix Complete Cluster, a high-performance hardware and software solution that converges compute and storage into a single, compact building block for scaling out a virtualized datacenter.

Founded in 2009 by a team that built scalable systems such as Google File System and enterprise-class systems such as Oracle Database/Exadata, Nutanix is based in San Jose, California.

Filed Under: Funding Tagged With: Khosla Ventures, Nutanix

Adaptivity Raises $6 Million; Lee Congdon Joins Board; Robert Macfarlane Joins As New CTO

September 20, 2011 by Robin Wauters Leave a Comment

Adaptivity, which provides an intelligent IT blueprinting software suite, announced today that it has raised an additional $6 million of venture capital financing from Intel Capital, Intersouth Partners and Noro-Moseley Partners, to be funded in two $3 million tranches the first of which was funded on July 29, 2011.

The company also announced that Lee Congdon, CIO of Red Hat, has joined its Board of Directors and that Robert MacFarlane, former VP and Director, Technology Asset Management of Wells Fargo, has joined the company as its new CTO.

The additional equity funding will be used to accelerate product development and scale sales and marketing infrastructure to support growing market demand for the company’s Blueprint4IT Lifecycle Suite of software products.

The investors previously invested $10 million in October 2010.

Filed Under: Featured, Funding, People Tagged With: Adaptivity, Lee Congdon, Robert Macfarlane

Desktop Cloud Company Wanova Scores $10 Million In Series B Funding

August 24, 2011 by Robin Wauters Leave a Comment

Wanova, a turn-key desktop cloud provider, has announced a $10 million Series B venture round by Greylock Partners, Carmel Ventures and Opus Capital.

The financing will be used to build global sales and support teams to for Wanova’s flagship product, Mirage.

Wanova’s patented centralization technology provides layered, single image management of PCs in the network, local execution of the image on the PC, and optimized synchronization between local and centralized images.

With Mirage, PC images including personalization settings run locally on a PC allowing users to take advantage of PC native performance — including the ability to run multimedia applications and work while disconnected from the network.

Filed Under: Funding Tagged With: carmel ventures, greylock partners, Mirage, opus capital, wanova, Wanova Mirage

Virsto Software Adds Another $5 Million To Series B Round

August 24, 2011 by Robin Wauters Leave a Comment

Virsto Software, a provider of VM-centric storage-hypervisor software, has landed a follow-on investment to the tune of $5 million to its June 8 Series B round of $12 million, bringing the total investment in the round to $17 million.

Southern Cross Venture Partners and Correlation Ventures join as new investors – InterWest Partners, August Capital and Canaan Partners backed the company earlier. Southern Cross was an investor in EvoStor, an Australia-based developer of storage solutions for the VMware market, which Virsto acquired earlier this year.

The additional funding will be used to accelerate growth, broaden industry partnerships and expand hiring to support continued innovation in Virsto’s products that bring performance, functionality and cost back into line for storage in virtual environments.

The company also plans to use the proceeds to enter the VMware market this year.

Founded in 2007, Virsto has developed the first multi-platform VM-centric storage hypervisor. A partner of Citrix, Microsoft, and VMware, Virsto’s software lets organizations change the economics of storage in server and desktop virtualization, increasing performance and management flexibility while lowering storage costs.

Filed Under: Funding Tagged With: august capital, canaan partners, Correlation Ventures, EvoStor, InterWest Partners, Southern Cross Venture Partners, virsto, virsto software

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