Archivo de la categoría: Norwest Venture Partners

Ravello Systems Gets $26 Million for Hybrid Cloud Hypervisor

Ravello Systems today announced that it has closed its second round of funding bringing the total amount of funds raised to $26 million. Ravello is now backed by Sequoia Capital, Norwest Venture Partners and Bessemer Venture Partners. Founded in 2011 by Rami Tamir and Benny Schnaider, the founding team behind the now standard KVM hypervisor, Ravello is positioned to change the game in the hybrid cloud market by delivering the industry’s first Cloud Application Hypervisor.

“Enterprises cannot use the public cloud the way that they would like to which is to be able to rent capacity on demand and simply spill-over bursty workloads,” said Tamir, CEO, Ravello Systems. “That’s not possible today because the public cloud environment is completely different from the enterprises’ internal data center. The industry needs a solution to normalize the application environment across the private and public cloud, so that enterprises can truly begin using the public cloud.”

“We have developed a Cloud Application Hypervisor that encapsulates multi-VM applications along with their entire environment including the VMs, networking, storage etc. so that enterprises can run any application in any cloud without making any changes,” said Schnaider, president and Chairman of the Board, Ravello Systems. “Unlike other solutions in the market that adopt a management only approach, Ravello’s Cloud Application Hypervisor normalizes the application environment so that it can run on the private or public cloud.”