The Lighter Side Of The Cloud – Best Friend
The Lighter Side Of The Cloud – A Close Call
The Lighter Side Of The Cloud – The Meaning Of Cloud
The Lighter Side Of The Cloud – Black Friday Online

Top 25 European Cloud Computing Rising Stars: Virtensys

Top 25 European Cloud Computing Rising Stars: Virtensys

Manchester-based Virtensys started developing I/O Virtualization technologies for servers and storage platforms and needed less than a year to secure its first round of venture capital funding in October 2006, after venture capital investors Scottish Equity Partners provided Series A funding worth GBP 6.41 million to the start-up founded by entrepreneurs who left market leaders such as Adaptec, Brocade, Fujitsu, HP, ICL and Intel to establish a new enterprise.
The company has bet on an innovative vision that data center servers and storage systems will no longer physically contain complex high-speed I/O adapters. Virtensys’ solution includes native PCI Express interface that eliminates all network and storage aggregation switches while all network cables connecting each and every server are replaced with a single PCI Express cable.

Virtensys boasts solutions that allow a flexible server I/O optimization, enabling customers to increase their data center and server operational agility while utilizing industry-standard x86 servers from multiple vendors.
Solutions take into account the concept of multi-core CPUs and enterprise server virtualization where customers meet increasing demands by a multi-core server which is demanding I/O exceeding that of several single-use servers. The company’s approach to Cloud Computing eliminates dependency on a single server vendor and offers virtualization of hard-to-virtualize applications.

Virtensys’ products include VIO-400x Series I/O Virtualization Appliances that consolidate and virtualize network and storage connectivity to a rack of servers providing up to 80Gbps of Ethernet uplink bandwidth, 32Gbps of FC uplink bandwidth, and/or up to 16TB of local storage connectivity to up to 16 servers, the company said in a press release on its product portfolio.

Following an initial Series A funding by Scottish Equity Partners, the company managed to secure USD 12 million in Series B funding round in 2008, provided by an investor syndicate lead by Scottish Equity Partners and comprising Celtic House Venture Partners and GIMV. “That the original investors subscribed fully to the Series B round is significant. It validates our strategy and demonstrates their confidence in the market opportunity and the demand for our products,” Andy Roberts, chairman of the board of directors of VirtenSys, said in a press release on the deal.

The company used the funds raised to open its headquarters in the United States and to further expand its presence in the American market. “We achieved a significant milestone with this second round of financing. Now, as we embark on the next growth phase, we are very well-positioned with the strong backing and endorsement from our investors and our board of directors. We have a great team spirit and exceptional talent in both the U.K and the U.S., and you can just feel the momentum building.

It’s a very exciting time for Virtensys,” Ahmet Houssein, Virtensys’ president and CEO, commented in 2008.

A year later, in August 2009, the company secured a third round of venture capital financing, getting USD 16 million from Scottish Equity Partners, Celtic House Venture Partners, and GIMV. By completing a third round of funding, Virtensys announced its expansion policy will not be affected by growing competition from companies like Xsigo, Netirion and Next I/O.

Actually, Virtensys is well positioned to compete on equal grounds with peers in the sphere of virtualization networking. The company is constantly nominated as one of the most innovative European IT companies and has a clear vision what its future looks like in the world of Cloud Computing.

By Kiril Kirilov

Sorry, comments are closed for this post.

FREE! POPULAR RESEARCH TOOLS

Popular Archives

New Report Finds 1 Out Of 3 Sites Are Vulnerable To Malware

New Report Finds 1 Out Of 3 Sites Are Vulnerable To Malware

1 Out Of 3 Sites Are Vulnerable To Malware A new report published this morning by Menlo Security has alarmingly suggested that at least a third of the top 1,000,000 websites in the world are at risk of being infected by malware. While it’s worth prefacing the findings with the fact Menlo used Alexa to…

Cloud Infographic – The Future Of Big Data

Cloud Infographic – The Future Of Big Data

The Future Of Big Data Big Data is BIG business and will continue to be one of the more predominant areas of focus in the coming years from small startups to large scale corporations. We’ve already covered on CloudTweaks how Big Data can be utilized in a number of interesting ways from preventing world hunger to helping teams win…

Recent

Cloud Infographic – Top Vulnerable Applications

Cloud Infographic – Top Vulnerable Applications

Top Vulnerable Applications  As you use the Internet on a daily basis, you probably come across cyber security topics, but rarely glance at them twice. After all, cyber security threats don’t concern you, right? Well, that’s not exactly true. Cyber attacks are more widespread than you can imagine and they may be targeting your devices as…

The Lighter Side Of The Cloud – Whatever Happened To Alone Time?

The Lighter Side Of The Cloud – Whatever Happened To Alone Time?

By David Fletcher Are you looking to supercharge your Newsletter, Powerpoint presentation, Social media campaign or Website? Our universally recognized tech related comics can help you. Contact us for information on our commercial licensing rates.  About Latest Posts kiril Latest posts by kiril (see all) Cisco Survey: The Mobile Cloud Office Generation – September 26,…

MOST RECENT - Posted by
New Trends In Cloud Based Education

New Trends In Cloud Based Education

Cloud Based Education With technological progress accelerating and users’ computer experience becoming richer and increasingly complex, the future developments in education technology is very exciting. Students are now able to attend demonstration sessions on how to handle technology through remote laboratories using advanced applications in a truly interactive environment. One of these exciting areas is in telemedicine.…

The Many Hats Of Today’s IT Managers

The Many Hats Of Today’s IT Managers

The Many Hats of IT Managers In years past, the IT department of most large organizations was much like a version of Middle Earth: a mysterious nether world where people who seemed infinitely smarter than the rest of us bustled around, speaking and typing languages that appeared indecipherable, yet, which made our world work. They…

Selling Your Business To Your Employees

Selling Your Business To Your Employees

Mobility For Your Employees It may seem a radical notion, the idea of selling your business to the people who work for you, but this is the era in which we now work. Employees of all levels are all incredibly aware of their options when it comes to mobility and employability. This doesn’t mean that…

Technology Sponsors

hp Logo CityCloud-PoweredByOpenstack-Bluesquare_logo_100x100-01
cisco_logo_100x100 vmware citrix100
Site 24x7 200px-KPMG
Advertising ROI Plans

Established in 2009

CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

CloudTweaks Comic Library

Advertising