Funding

A new Russian venture capital fund, Runa Capital has been launched by Serguei Beloussov, chairman of Parallels and Acronis, and Alexander Galitsky, founder of Almaz Capital Partners.  The fund will offer about $30 million in seed financing to software and internet early stage companies.

Runa Capital will invest in rapid growth sectors including  cloud computing, machine learning, virtualization, mobile and internet applications.

Runa Capital’s mission is to provide capital, expertise and strategic leverage that will elevate talented Russian tech teams into globally competitive businesses.

Runa Capital investment activities will be supported by Runapark business incubator. The incubator will provide the environment where promising Russian startups will become world class technology companies.

Runa Capital list of venture partners include some well-known high-tech entrepreneurs and investors: Andreas Gauger and Achim Weiss, co-founders of the world’s largest hosting provider 1&1,  Ilya Zubarev, co-founder of Rolsen and Acronis, Igor Borovikov, founder of the largest Russian software distributor Softline,  Charles Ryan, ?hairman of UFG Asset Management, and Igor Daniloff, founder of ‘Doctor Web’ antivirus company.

Netuitive has secured an additional $10 Million in equity financing. Led by MK Capital and Rembrandt Venture Partners, the proceeds will be used to expand Netuitive’s global sales and marketing operations to accelerate revenue growth.

In Sik Rhee, General Partner at Rembrandt Venture Partners and previously co-founder of data center automation pioneer Opsware, is joining the company’s board.

With Rhee as a new board member, Netuitive is now supported by two of the same backers from the industry’s largest and most recent enterprise software ventures: Opsware was acquired by HP for $1.6 billion in 2007; and MK Capital was a lead investor in Bladelogic, acquired by BMC for $800 million, shortly after their IPO in 2007.

The new investment follows a record year for Netuitive, marked by 100% year-over-year growth, strong profits and a customer list that topped 300 customers — including 7 of the 10 largest banks.

Nicola Sanna, Netuitive’s president and CEO:

“We’re in a very unique position right now. The explosion of virtualization and growing interest in cloud computing is driving the demand for our self-learning performance management software because organizations need control over these very complex environments. The new investment from MK Capital and Rembrandt Venture Partners is enabling us to seize a giant opportunity.”

Integrien Corporation, the leader in real-time performance analytics, recently announced that the company has completed a funding round of $8 million led by Clearstone Venture Partners, with additional investment from the Acartha Group and Mariner Capital Ventures.

The company will use the funds to accelerate growth by increasing both its direct and indirect sales channel to achieve its vision of becoming the world’s leading IT performance management platform.

2009 was a breakout year for Integrien, featuring exceptional year-over-year top-line growth of over 140%. The company reported a number of seven figure deals with Fortune 100 companies, who now use Integrien to manage the performance of mission critical applications and services spanning tens of thousands of servers. In addition, the company turned cash flow positive, well exceeded plan both in terms of top line revenue and EBITDA and entered 2010 with an order backlog up more than 300% over 2009.

The company attributes these exceptional results to the large increase in demand for its flagship performance analytics platform, Alive, driven by increasingly complex application infrastructures due to virtualization and cloud computing.

When enterprise customers deploy Alive, they leverage their existing first and second generation monitoring tools’ data collection capabilities, while Alive’s third generation IT performance analytics provide completely automated, holistic analysis across the technology silos that deliver today’s complex, mission critical applications and services. Alive’s analytics identify building problems before they affect end users with complete root cause assessment, allowing IT to solve performance problems quickly and efficiently.

Integrien also recently released Alive 7.2, extending its market leading performance management platform with additional analytics and stunning new visualizations. The company also announced AliveVM, a breakthrough for VMware vCenter administrators, providing a complete, analytics-driven view of VMware performance along with tools for visualizing and optimizing ESX workload and VM density.

Virtustream announced it has closed a Series A round of equity financing with approximately $40 million in total capital.

Its latest funding comes from Intel Capital, Noro-Moseley Partners and TDFunds. This completes the Series A funding started by lead investors Columbia Capital and Blue Lagoon Capital announced in September 2009.

The funding will be used to support the continued development of Virtustream’s infrastructure and the expansion of the xStream cloud computing platform.

Introduced in March, xStream is the first hybrid enterprise cloud platform with guaranteed compute resources across aggregate client workloads whether hosted in the company’s data center or installed on a customer’s premise. Based on Virtustream’s more than nine years of virtualization experience, the xStream platform increases operational efficiency and improves business continuity, typically delivering a 40-60 percent ROI without employee headcount reduction.

Pivot3, a company that delivers virtual servers and scalable storage in a single platform, today announced that the Series D funding round previously announced at $25 million now totals $29 million, following a recent $4 million investment from Northleaf Capital Partners.

Northleaf Capital Partners is Canada’s largest independent global private markets manager and advisor. Northleaf joins existing Pivot3 investors Focus Ventures, InterWest Partners, Lightspeed Venture Partners, Mesirow Financial Capital Partners IX, and Silver Creek Ventures.

Pivot3 Serverless Computing is the first scale-out storage solution offering integrated server virtualization to enterprise customers. Integrated server virtualization consolidates physical servers into Pivot3 storage appliances for high availability while realizing significant savings in power, cooling and rackspace. The compelling value proposition led the company’s quick rise to number one market share in the IP SAN market for video surveillance, as recently reported by IMS Research.