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Ravello Systems raises $26M to build a cloud hypervisor for developers

In September 2008, Red Hat acquired the KVM hypervisor virtualization startup Qumranet for $107 million. The co-founders behind Qumranet's open source virtualization technology, Benny Schnaider and Rami Tamir, have moved on and now return with a new startup called Ravello Systems. The duo's new company aims to repeat the success that VMware has had with server virtualization in relation to the x86 server market and the data center. Only this time around, Schnaider and Tamir are looking to create a hypervisor technology that spans data centers and public clouds in order to easily bring enterprise applications into the cloud.

Ravello is calling its solution a cloud application hypervisor, and it's built with a new high-performance nested hypervisor technology called HVX. The solution is initially being offered in a software-as-a-service (SaaS) model.

Coinciding with the company's coming out of stealth mode last week, Ravello revealed it has successfully raised an additional $26 million in financing from Sequoia Capital, Norwest Venture Partners, and Bessemer Venture Partners. The sizable investment is a testament to the company's leadership team and their extensive experience in this field.

Ravello president and chairman Schnaider said in a statement that the company's cloud application hypervisor "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."

...MORE

Read the entire InfoWorld Virtualization Report article.

 

Published Tuesday, February 12, 2013 6:15 AM by David Marshall
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