Lightspeed Venture Partners

Security Virtualization Startup Raises $9.2 Million Series A

June 24, 2011 by Robin Wauters Leave a Comment

Bromium, emerging from stealth mode to develop technology in the areas of virtualization and security, has announced it has closed a $9.2 million series A round of funding with Andreessen Horowitz, Ignition Partners and Lightspeed Venture Partners.

Founded by Gaurav Banga, Simon Crosby and Ian Pratt, Bromium is focused on the delivery of infrastructure solutions that permit enterprises to safely embrace two major trends in IT: consumerization and cloud computing.

The Bromium Board of Directors is drawn from business leaders and technologists with extensive experience in infrastructure software, virtualization and security: Peter Levine, venture partner at Andreessen Horowitz; Frank Artale, managing director at Ignition Ventures; and George Kurtz, worldwide CTO and executive vice president at McAfee. Bromium has already attracted top engineering talent from Microsoft, VMware, Oracle, McAfee and NVIDIA.

Prior to founding Bromium, CEO Gaurav Banga was CTO and SVP, Engineering at Phoenix Technologies. Simon Crosby (co-founder and CTO) joins Bromium from Citrix, where he was CTO of the Data Center & Cloud Division. He joined Citrix through the acquisition of XenSource in 2007, which he also co-founded and led as CTO.

Ian Pratt (co-founder and SVP Products) is the chairman of Xen.org and was co-founder of XenSource. Prior to Bromium, he served as vice president of advanced products in the Virtualization and Management Division at Citrix.

Dr. Kieran Harty, Former Head of VMware R&D, Raises $17 Million For Tintri

March 28, 2011 by Robin Wauters Leave a Comment

Tintri, developer of a purpose-built storage system for virtual machines, last week announced Tintri VMstore, a storage system that allows enterprises to overcome costly problems associated with the scale or performance of virtual infrastructure.

Tintri also announced that it raised nearly $17 million in Series A and Series B venture funding led by NEA and Lightspeed Venture Partners.

Tintri’s co-founder and CEO is Dr. Kieran Harty, who earned his PhD at Stanford University and led all desktop and server research and product development at VMware from 1999 until 2006.

Tintri brought together an R&D team drawing on industry-leading experts from Citrix, EMC/Data Domain, Google, NetApp, Sun Microsystems, VMware and others to build “the world’s first” VM-aware storage system.

Tintri VMstore is already in production use helping enterprises manage and store virtual machines at a wide range of companies in global electronics, mobile games, geo-informatics, technology, higher education and more.

ScaleMP Raises $8 Million More, Funding Now Totals $26 Million (Oh Yeah, They Also Launched)

April 1, 2008 by Robin Wauters Leave a Comment

Cupertino-based ScaleMP, a provider of virtualization solutions for high-end computing, today announced that it has raised $8 million in new venture funding, bringing the total raised to $26 million. Participation in this up-round funding included all of the existing investors: Sequoia Capital, Lightspeed Venture Partners, TL Ventures, and ABS Ventures. This announcement coincides with the official launch of the company and its technology, whose details have also been announced today.

The ScaleMP aggregation technology allows a server to expand outside a single system boundary, addressing growing end-user requirements for large memory systems or systems with high-core count. The vSMP Foundation aggregation platform is a software-only solution that eliminates the need for extensive R&D or proprietary hardware components in developing high-end x86 systems, and reduces overall end-user system cost and operational expenditures. It utilizes up to sixteen x86 systems to create a single shared-memory system with 4 to 32 processors (128 cores) and up to 1 TB of RAM, providing significantly better price/performance compared to traditional SMP systems and lower Total Cost of Ownership (TCO) compared to clusters.

The ScaleMP product line includes two products: a standalone solution, which enables the industry’s first four-socket system at under $10,000, and an embedded solution that helps original design manufacturers (ODMs) and original equipment manufacturers (OEMs) build high-end systems.

The ScaleMP solutions are sold through a worldwide network of partners. The vSMP Foundation Standalone is available through VARs and system integrators at prices starting at US$2,750. vSMP Foundation Embedded is available through ODMs and OEMs at prices that vary depending on system configuration.

[Source: AmericanVentureMagazine]