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Xeround

Xeround Puts Out Intelligent Data Grid 2.8

December 18, 2008 by Robin Wauters Leave a Comment

Xeround, a provider of database virtualization software, earlier this week announced the launch of the Xeround Intelligent Data Grid version 2.8.  Xeround’s vision is to enable cloud computing infrastructures for its customers by delivering data management within a cloud and data federation between clouds.  This release improves upon Xeround IDG’s capabilities for real time, scalable database virtualization that unifies data across multiple networks and businesses while still improving total cost-of-ownership.

Xeround IDG is built on a patented technology that can unify data across multiple networks and businesses in real-time and make that information available across a company’s entire  ecosystem of network elements and applications.  Unlike point products or custom solutions, Xeround IDG is a scalable, reusable, easy-to-implement distributed architecture that increases the efficiency of existing infrastructures.

Filed Under: News Tagged With: cloud computing, database virtualiztion, IDG 2.8, Intelligent Data Grid, Intelligent Data Grid 2.8, virtualisation, virtualization, Xeround, Xeround IDG, Xeround IDG 2.8, Xeround Intelligent Data Grid, Xeround Intelligent Data Grid 2.8

Xeround Raises $16 Million In Second Round

July 11, 2008 by Robin Wauters Leave a Comment

Xeround, an Israel-based startup in the database virtualization area, today announced it has closed a $16 million round of Series B funding led by Ignition Partners and Trilogy Partnership. Also participating in the round were existing investors Benchmark Capital and Giza Venture Capital. The newly acquired funds will be used to increase sales and marketing activities as well as to step up research and development to advance the product roadmap.

Xeround has developed a live, scalable Intelligent Data Grid, a cloud computing database with data virtualization capabilities. With Xeround’s offerings, applications no longer need to know where data resides or if it is being managed with relational, hierarchical or object models.

“We chose to raise a round of strategic funding to help us broaden our reach in both North America and Europe and to invest further in sales, marketing and product development,” said Charlotte Yarkoni, CEO of Xeround, Inc. “We believe our business model and approach to data management will continue to provide a truly unique market offering that delivers the performance, scalability and flexibility to support numerous applications in the telecommunications industry and beyond.”

[Source: Blocks and Files]

Filed Under: Funding Tagged With: Funding, IDG, Intelligent Data Grid, second round, series B, Series B funding, virtualisation, virtualization, Xeround, Xeround IDG, Xeround Intelligent Data Grid

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