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Virtustream

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Virtustream Inc.
Company typeSubsidiary
IndustryCloud computing
Founded2009
FounderRodney Rogers
Kevin Reid
Headquarters4800 Montgomery Lane Suite 1100
Bethesda MD 20814
Area served
Worldwide
Key people
Rodney J. Rogers, Chairman & CEO
Kevin Reid, CEO & CTO
Frank J. Vella, Chief Operating Officer
Mike Provenzano, Chief Financial Officer
Simon Aspinall, Chief Vertical Markets, Strategy, Marketing
Kevin Dattolico, Chief Sales Officer
ProductsInfrastructure as a service
ParentDell Technologies
(via Dell EMC Infrastructure Solutions Group)
Websitewww.virtustream.com

Virtustream is a provider of cloud computing management software, infrastructure as a service and managed services to enterprises, governments and service providers.[1]

Virtustream was recognised as a visionary by Gartner in their 2012 infrastructure as a service magic quadrant report, which highlighted their charging based on resources used rather than allocated and their application performance APIs.[2] The company also received the "2012 North American Hybrid Clouds Product Line Strategy Award" from Frost & Sullivan[3] and was listed in the 2011 Red Herring Global 100,[4] the AlwaysOn Global 250,[5] and the 2010 Inc. Magazine Top 5000.[6]

Virtustream is headquartered in Bethesda with offices in Atlanta, Dublin, London, New York City, San Francisco and Washington D.C., data centers in London, San Francisco and Washington D.C. and agents in Asia and the Middle East.[7] Its partners include Intel, VMware, NetApp, EMC, Citrix, IBM, RedHat, and SAP.[8]

On May 26, 2015, EMC announced an agreement to acquire Virtustream.[9] EMC Corporation announced it had completed the acquisition of Virtustream on July 9, 2015.[10]

History

Virtustream was founded in 2009 by Rodney Rogers and Kevin Reid, who had previously founded Adjoined Consulting (which was acquired by Kanbay, and in turn, Capgemini).

The company raised approximately $40 million in series A funding from Columbia Capital, Blue Lagoon Capital, Intel Capital, Noro-Moseley Partners and TDF Ventures between September 2009 and May 2010, and $15 million in series B funding in July 2011 from Intel Capital, Columbia Capital, Noro-Moseley Partners, QuestMark Capital and TDF Ventures.[11][12]

See also

References

  1. ^ Gardner, Dana. "Virtustream delivers cloud software to run private, public and hybrid enterprise-class clouds". ZDnet.
  2. ^ Butler, Brandon. "Gartner's IaaS Magic Quadrant: a who's who of cloud market". Network World. Retrieved 31 December 2012.
  3. ^ "Frost & Sullivan Presented the 2012 Excellence in Best Practices Awards". Frost & Sullivan. Retrieved 31 December 2012.
  4. ^ "2011 Red Herring Global 100". Red Herring. Retrieved 31 December 2012.
  5. ^ "Announcing the 2011 AlwaysOn Global 250". AlwaysOn. Retrieved 31 December 2012.
  6. ^ "Company Profile - Virtustream". Inc. Magazine. Retrieved 31 December 2012.
  7. ^ "Virtustream Company Profile". Retrieved 31 December 2012.
  8. ^ "Virtustream Partners".
  9. ^ "EMC Press Release". EMC.com. EMC. Retrieved 26 May 2015.
  10. ^ "EMC Completes Acquisition of Virtustream". EMC.com. EMC. Retrieved 9 July 2015.
  11. ^ "Venture Capital Update - Virtustream".
  12. ^ Harris, Derrick. "Already awash in cloud cash, Virtustream raises $15M more". GigaOm. Retrieved 31 December 2012.