Cloud Migration Company Announces $7 Million Funding

Racemi has closed a $7 million Series B round of venture financing to further develop and market its software for migrating workloads to cloud computing.
Racemi’s software automates migration of existing workloads to all the major cloud platforms. This means it is no longer necessary to rebuild servers from scratch in the cloud, which translates to significant time and cost savings.

The Racemi software provides flexibility to move workloads between dissimilar physical, virtual and cloud platforms in any combination or direction. For customers, this minimizes any unease over vendor lock-in, while enabling high availability or disaster recovery strategies that span providers. Racemi’s software supports both Linux and Windows, all of the major hypervisor platforms and major cloud platforms including Amazon EC2, CloudStack, GoGrid, OpenStack, Rackspace and Terremark.

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