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Eucalyptus Set To Launch With $5.5 Million In Series A Funding

April 29, 2009 by Robin Wauters Leave a Comment

Eucalyptus Systems, creators of an open source private cloud platform, today announced that it has closed a $5.5 million Series A round of venture financing led by Benchmark Capital with BV Capital also participating.

The funding marks the launch of Eucalyptus Systems as a private company that will build and service enterprise-grade products based on the Eucalyptus open source privatecloud software. Eucalyptus Systems’ mission is to support the open source Eucalyptus cloud platform and to deliver on-premise private and hybrid cloud computing solutions for large-scale enterprise deployments.

Eucalyptus is an open source software infrastructure for implementing on-premise cloud computing using an organization’s own information technology (IT) infrastructure, without modification, special-purpose hardware or reconfiguration. Eucalyptus turns data center resources such as machines, networks, and storage systems into a “cloud” that is controlled and customized by local IT. Moreover, a local cloud based on Eucalyptus adds capabilities such as end-user customization, self-service provisioning, and legacy application support to data center virtualization features, making IT customer service easier, more fully featured, and less expensive.

Eucalyptus is the only cloud architecture to support the same application programming interfaces (APIs) as public clouds, and today Eucalyptus is fully compatible with the Amazon AWS public cloud infrastructure. The Eucalyptus design gives users the flexibility to seamlessly move applications from on-premise Eucalyptus clouds to public clouds, and vice versa. Eucalyptus also makes it easy to deploy “hybrid” clouds, which use public and private cloud resources together to get the unique benefits of each. To assist customers with setup, deployment, training, and support, Eucalyptus Systems has created the QuickStart program, the ideal first step for organizations looking to partner with Eucalyptus experts on critical cloud infrastructure initiatives.

The Eucalyptus management team includes Co-founder and CEO Woody Rollins, Co-founder and CTO Dr. Rich Wolski, Vice President of Sales and Marketing Matt Reid, and the team of Ph.D. computer science engineers from the Eucalyptus project at UCSB. In addition, Andreas Von Blottnitz, former CEO of AOL Europe and Citrix Online, is chairman of the board, and Dr. Klaus Schauser, founder of AppFolio and founder and CTO of Citrix Online, is serving as an advisor.

To date, Eucalyptus has been downloaded over 14,000 times in 72 countries. In addition, Eucalyptus software is the cloud computing engine behind the Ubuntu Enterprise Cloud (powered by Eucalyptus), which was recently announced as part of the popular Ubuntu Linux distribution. Eucalyptus will ship with every copy of Ubuntu, starting with the Ubuntu 9.04 Server Edition, made available on April 23.

Filed Under: Funding Tagged With: Benchmark Capital, BV Capital, cloud computing, eucalyptus, Eucalyptus cloud platform, eucalyptus systems, open source private cloud platform, private cloud, private cloud platform, Rich Wolski, ubuntu, Ubuntu 9.04 Server Edition, ubuntu enterprise cloud, Ubuntu Linux, virtualisaiton, virtualization, woody rollins

Embotics Raises $4 Million From Covington Capital Corporation

December 15, 2008 by Robin Wauters 1 Comment

Embotics last week announced the closing of a $4 million Series B round of financing, led by Covington Capital Corporation. The financing will be used to advance product development for Embotics’ server virtualization management technology and expand global sales and operations.

Embotics’ products allow companies to manage server sprawl efficiently while mitigating risk and reducing costs. As enterprises continue to require greater insight and control over their virtualized environments, many are looking for solutions, such as Embotics’ V-Commander, to manage and control their virtual machines while fitting seamlessly into their existing technology architecture.

Filed Under: Funding Tagged With: Covington, Covington Capital, Covington Capital Corporation, Embotics, financing, Funding, series B, virtualisaiton, virtualization

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