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Gear6 Raises $ 10 Million from Horizon Ventures, US Venture Partners and InterWest Partners

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Mountain View-based Gear6  today announced it has secured a $ 10 million financing round led by Horizon Ventures. Existing investors U.S. Venture Partners and InterWest Partners also participated in the round. The closing of this financing round brings the total capital invested in Gear6 to $24.5 million.

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Gear6 accelerates I/O for real-time application performance and delivers centralized caching solutions in the data center. It’s most notable product is CACHEfx, a line of appliances that deliver high I/O operations per second and extremely low latency to accelerate the performance of data intensive applications, integrating both a hardware and software solution.

“We are pleased to welcome Horizon Ventures as an investor in Gear6,‘ said Tom Shea, president and chief executive officer. ‘The market for our CACHEfx scalable caching appliances is poised for significant growth and this financing round gives us the opportunity to meet increasing demand for centralized caching solutions across key markets including performance computing, databases, business intelligence, web-scale and virtualized environments.”

[Source: Ad-Hoc-News]

On Virtualization and Server Consolidation

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Insightful post by Arthur Cole over at ITBusinessEdge about server consolidation and virtualization. Cole argues that server consolidation done the right way remains the primary driver for most data centers.

But as those who have already taken the virtual plunge have no doubt realized, consolidating servers is not just a simple matter of powering up the virtualization layer and then pulling equipment out of racks. There is a long list of factors to consider with any centralization project and a wide range of land mines that need to be avoided to prevent service failures.

Cole refers to four interesting articles about server consolidation:

Read the whole article here.

Video: Interview Chuck Tatham, VP Marketing & Business Development with CiRBA (VMworld Europe 2008)

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The interview below is part of our Virtualization Video Series, a recurring theme we want to implement on Virtualization.com featuring interviews with key players from the industry, event reports, etc.

This interview was recorded at VMWorld Europe 2008 in Cannes, France, and features Chuck Tatham, VP Marketing & Business Development with CiRBA.

We apologize for a minor glitch in sound from around the 1:10 mark until the 1:20 mark.

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Flash versions: Blip (embedded below), Myspace, Revver, Sevenload, Vimeo, Youtube

Interviewer: Tarry Singh
Video blogger: Charbax

Video: Interview Mike Grandinetti, VP & Chief Marketing Officer with Virtual Iron (VMworld Europe 2008)

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The interview below is part of our Virtualization Video Series, a recurring theme we want to implement on Virtualization.com featuring interviews with key players from the industry, event reports, etc.

This interview was recorded at VMWorld Europe 2008 in Cannes, France, and features Mike Grandinetti, VP & Chief Marketing Officer with Virtual Iron. Mike and Tarry discussed a wide–ranging set of industry issues including customer requirements, obstacles to broader market adoption, the emerging competitive landscape, and Virtual Iron’s market position relative to VMware and Microsoft.

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Flash versions: Blip (embedded below), Myspace, Revver, Sevenload, Vimeo, Youtube

Interviewer: Tarry Singh
Video blogger: Charbax

NextIO Raises $ 18.8 Million In Series C Funding For Virtualizing Server Communication

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Austin-based connectivity virtualization developer NextIO announced Friday that it had raised $ 18.8 million in a third round series as the five-year-old company prepares to launch its first products to enable distributed computing systems to connect and communicate using any of a variety of technology standards.

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The deal was led by Crescendo Ventures and Adams Capital Management, and included previous investors JK&B Capital, the VentureTech Alliance arm of Taiwan Semiconductor Manufacturing Corp., and Dell, as well as two new strategic investors. The new funding brings total equity investment in NextIO to about $ 40 million and will allow the company to launch its first commercial products with original equipment manufacturers (OEM) partners in the second quarter of this year.

NextIO co-founder and CEO K.C. Murphy said the company made its first switch products available to customers in late 2007 but will launch its primary appliance product in April, in conjunction with new products introduced by OEM partners. The products are aimed at bringing the same advantages of virtualization to connectivity technology that developers including VMWare, Microsoft and the open source Xensource platform have brought to the server market.

NextIO’s product virtualizes I/O functions to bring high-performance computing capabilities to clustered systems of commodity servers. The products enable individual server connectivity using any of the several available connectivity standards with systems level technology that controls connectivity within a virtual “cloud.”

[Source: TechConfidential]

Another Virtualization Company Raises Funding; This Time Pano Logic Is Getting $ 12 Million

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After Virtual Iron and CiRBA , it’s now Pano Logic announcing fresh funding to the tune of $ 12 million. This is the desktop virtualization company’s second round, which was led by New York-based Goldman Sachs.

Other participants included Foundation Capital, which has an office in Menlo Park (where Pano Logic is based).

The company said it uses existing server virtualization technologies to create a new approach to client/desktop computing that lowers total cost of ownership while increasing security, management and mobility.

Founded in 2006, Pano Logic also has an office in Toronto, Canada.

[Via BusinessJournal ]