Virtualization News

Tuesday, November 29, 2011

VMTurbo rounds up $10M VC funding
Waltham's VMTurbo, a maker of software for automatically virtualizing computer workloads, said today it's raised $10 million in a Series B venture capital round from two Boston area firms.

Friday, November 18, 2011

VKernel bought by Quest Software
Virtualization software company VKernel Inc. was acquired earlier this week by California company Quest Software Inc. for an undisclosed amount, according to a blog post on the VKernel website and a release from Quest.

Thursday, November 17, 2011

Viewfinity bumps funding round to $5M
Desktop virtualization company Viewfinity Inc. has boosted its previously announced funding round from a total of $3 million to $5 million, according to federal documents.
CounterTack raises a $9.5M Series A funding, lands in Waltham
Straight off of founding his latest startup, local tech veteran Neal Creighton has been tapped to be CEO of a real-time cyber attack security software company that is relocating from Virginia to Waltham and renaming itself CounterTack.

Friday, September 9, 2011

DynamicOps reveals Intel led its Aug. $5M round
DynamicOps Inc. of Burlington announced that Intel Capital, the venture investing arm of Intel corp. is the lead investor in the company’s recent $5 million tranche of its Series B round.

Wednesday, June 8, 2011

Grasshopper phone service, down since Tuesday, now back up
The Boston-based virtual phone service company Grasshopper Group LLC had an outage of its service beginning Tuesday afternoon, but as of midnight the service was still back up and functioning stably for "an hour," according to the company's own support site.

Monday, May 16, 2011

EMC's VMware acquires Shavlik Technologies
VMware Inc., the California-based virtualization infrastructure arm of Hopkinton's EMC Corp. has signed a definitive agreement to acquire Shavlik Technologies, a cloud-based IT management software provider, according to a press release by Shavlik.

Wednesday, April 20, 2011

EMC sets records in Q1 numbers
EMC Corp.’s quarterly net income rose 28 percent on the strength of an 18-percent increase in revenue in the first quarter of 2011, the company reported this morning. The Hopkinton storage giant set records on both lines of its operating statement, with $4.6 billion in consolidated revenue, and $477.1 million in GAAP net income.

Tuesday, March 22, 2011

Viewfinity gets $3M financing
Viewfinity Inc., a Waltham desktop virtualization company, has rounded up $3 million in a securities offering of debt, options and warrants, according to a filing with the U.S. Securities and Exchange Commission.

Friday, February 25, 2011

Virtualization firm DynamicOps raises $11.3M
Credit Suisse Group spin-off DynamicOps Inc., which is bringing to market a virtualization management platform, has raised $11.3 million, the company reported in a regulatory filing Thursday.

Wednesday, February 2, 2011

NetApp closes $60M buyout of Akorri Networks
The price paid for Akorri Networks Inc. of Littleton by California giant NetApp Inc. has been revealed to be $60 million now that the deal has closed. Akorri raised just under $60 million from investors since its 2005 launch.

Wednesday, January 12, 2011

Akorri selling to NetApp in cash deal
Littleton-based virtual infrastructure firm Akorri Networks Inc. has agreed to be bought by California giant NetApp Inc. in an all cash deal for an undisclosed amount.

Tuesday, January 11, 2011

IPO-bound GlassHouse fueled by Citrix investment
GlassHouse Technologies Inc. this morning announced it has taken a strategic investment from Citrix Systems Inc., who has taken an advisory seat on GlassHouse's board.

Friday, January 7, 2011

Dimdim sells to Salesforce.com for $31M
Dimdim Inc. of Lowell has been acquired by San Francisco-based Salesforce.com in a cash deal worth $31 million. Enterprise cloud computing company Salesforce said it was interested in Dimdim’s completely cloud-based real-time communication technology.

Monday, September 27, 2010

Apperian names Patrick as CEO
Mobile and iPhone application developer Apperian Inc. today announced that David Patrick, formerly CEO of database virtualization company xkoto, has joined Apperian as CEO.

Friday, September 17, 2010

Report: Novell may sell Linux unit to VMware
California-based virtualization software company VMware Inc., a spinoff of Hopkinton’s EMC Corp., is reporting to be far along in talks to buy the Linux operating systems business of Waltham’s Novell Inc.

Tuesday, February 16, 2010

Viewfinity pulls in $9M, takes aim at Windows 7
Viewfinity Inc. has capped its Series B financing at $9 million, filed a new patent for systems and privileges management software and embarked on a new go-to-market strategy aimed at businesses looking to move up to Microsoft Corp.'s Windows 7 operating system.

Friday, January 22, 2010

Unidesk gets $12M in funding
Virtual desktop management software startup Unidesk Corp. has taken in $12 million in funding. Marlborough-based Unidesk, which named former Lotus Development Corp. and EqualLogic Inc. executive Don Bulens as CEO in June, has been essentially in stealth mode.

Tuesday, December 22, 2009

Desktop virtualization firm Viewfinity takes in $8.6M
Waltham-based Viewfinity Inc., which came out of stealth mode with its first product this past summer, has reported a $8.6 million Series B round that includes a new investor, Longworth Venture Partners, also of Waltham.

Wednesday, November 25, 2009

Autovirt gets $5M from return investors Sigma, Kepha
Data migration and management company Autovirt Inc. has raised $5 million in a venture capital funding featuring return investors Kepha Partners and Sigma Partners, according to company officials.