Archivo de la categoría: Ravello Systems

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Oracle buys enterprise workload manager Ravello Systems for a reported $500m

OracleOracle has disclosed details of its acquisition of workload management specialist Ravello Systems. No financial terms were revealed over the deal, but sources familiar with the company value the sale at $500 million, according to venture capital news site Venturebeat.

Ravello, which makes tools that help enterprises manage their enterprise workloads in the cloud, signed an agreement to be acquired on February 22 with all employees joining Oracle’s Public Cloud division.

The new management features will help Oracle’s Public Cloud beef up the performance of its computing, storage and networking workloads. Oracle has launched a number of initiatives aimed at positioning its cloud business more favourably against market leaders Amazon Web Services (AWS) and Microsoft Azure.

In February BCN reported how Oracle had added new Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) cloud offerings from its Slough data centre, which currently caters for 500 UK and global customers. Clients from both the private and public sector are being promised tailored versions of the new services, which include Oracle’s Database, Dedicated Compute, Big Data and Exadata cloud services.

Palo Alto based Ravello was founded in 2011 and was balancing the cloud workloads for clients such as Arista, Brocade, Red Hat, SUSE and Symantec. In total it had raised $54 million in funding from venture capitalists such as Sequoia Capital, Norwest Venture Partners and Bessemer Venture Partners because its Cloud Application Hypervisor offered enterprises a way to unify the application environment across public and private clouds.

Ravello CEO Rami Tamir explained on the company web site why the technology will be part of the Oracle Public Cloud. “This agreement will accelerate our ability to reach more customers,” said Tamir, “our top priority is ensuring an uninterrupted service and seamless experience for you and all of our customers and partners. Rest assured, Ravello’s service will continue as is. Ravello will join Oracle’s IaaS mission to allow customers to run any type of workload in the cloud.”

Bessemer Venture Partners, hybrid cloud, Norwest Venture Partners, Ravello, Ravello Systems, Sequoia Capital, Venture Funding, Virtualization

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.”