Wednesday, 5th August 2020

Virtana receives major new funding

Company raises a new $15 million round of financing to accelerate customer growth in hybrid cloud management, migration, and optimisation.

  • 14 May 2020 Posted in

Virtana, a leader in enterprise hybrid cloud migration and optimisation, announced today a new $15 million investment from HighBar Partners and Benhamou Global Ventures. The funding will allow Virtana to help more customers optimise performance, cost, and capacity in on-premises and cloud data centers.

“We are seeing unprecedented demand from our customers to deliver scalable, high performance, and resilient infrastructure with a low total cost of ownership –especially in the current climate,” said Ron Sege, Executive Chairman and CEO of Virtana. “Businesses need to know how their hybrid infrastructure is performing and map, plan, and validate optimisation and migration. With this new financing, Virtana will leverage its deep domain expertise in both private and public cloud and facilitate the deployment of a multi-cloud infrastructure for enterprise users.”

“Hybrid cloud is the future of enterprise IT – infrastructure performance, cloud migration, and cost optimisation are mission-critical for all enterprises,” said John Kim, Co-founder and Managing Partner at HighBar Partners. “Virtana is poised for worldwide growth in the hybrid cloud infrastructure optimisation market with this new investment and the guidance of Ron Sege.”

Virtana’s range of workload capacity optimisation, cost management, and performance assurance tools help more than 300 global customers and partners plan, execute, and manage their hybrid cloud implementations.

“Virtana’s unique heritage of optimising on-premises data centers and our hybrid cloud optimisation tools position us well to address the new infrastructure challenges that our customers encounter in today’s environment,” added Sege.

New Relic has delivered strategic updates to New Relic One. In a video to customers, New Relic CEO a...
Pandemic accelerates business continuity investments in cloud migration, productivity tools 94 perce...
The partnership enables Epsilon customers across the globe to efficiently expand their network prese...
New Relic commits to open source instrumentation, integrations, and SDKs, and aligns future offering...
Coverage across all Azure Monitor services to deliver more precise AI-powered answers, enabling orga...
New rate of change algorithms and seasonality support join existing anomaly detection, forecasting a...
Cloud-based software provider adds seven organisations to its strategic partner network.
Unified cloud native application and infrastructure observability improves cross-team collaboration...