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Former Xensource Vets Launch Convergent-io, Raises Series A from Andreessen Horowitz

Convergent.io, an enterprise infrastructure startup, today announced it has closed a $10 million series A round of funding with Andreessen Horowitz. The company is developing a disruptive storage technology that combines the flexibility of a software approach to redefine enterprise storage resources and storage networking with the economics of high-performance, commodity hardware to help customers realize the vision of the software-defined datacenter. The round was financed entirely by venture capital firm Andreessen Horowitz, known for its expertise in infrastructure software and storage.

“We expect storage networking to undergo a fundamental transformation as datacenters realize their full potential as software-defined infrastructures,” said Peter Levine, general partner at Andreessen Horowitz and new member of the Convergent.io board of directors. “Storage networking is likely to be the next shift in enterprise infrastructure, and the Convergent.io team, which is made up of experts who have helped to lead and define previous trends in virtualization and storage software, will be the one to propel us forward.”

Founded by XenSource veterans, Andrew Warfield, Keir Fraser, and Ramana Jonnala, Convergent.io is dedicated to freeing customers from the cost and complexity of managing traditional, monolithic storage infrastructure with an integrated software-defined storage and networking model that abstracts configuration and functionality from the underlying hardware while making use of innovative storage networking integration.

Ramana Jonnala, CEO and Co-Founder of Convergent.io, explains, “We are building a solution that enables customers to make better use of both existing hardware investments and new storage technology with an integrated storage and networking architecture that scales and performs based on customers’ changing data and application needs.”

Published Thursday, August 23, 2012 7:05 AM by David Marshall
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Former Xensource Vets Launch Convergent-io, Raises Series A from Andreessen Horowitz « VT News - (Author's Link) - August 23, 2012 10:04 AM
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