Virtana Announces New Funding from its Major Investors
Company raises a new $15 million round of financing to accelerate customer growth in hybrid cloud management, migration, and optimization.
San Jose, CA, May 13, 2020 – Virtana, the leader in enterprise hybrid cloud migration and optimization, announced today a new $15 million investment from HighBar Partners and Benhamou Global Ventures. The funding will allow Virtana to help more customers optimize 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 optimization 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 optimization 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 optimization market with this new investment and the guidance of Ron Sege.”
Virtana’s range of workload capacity optimization, 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 optimizing on-premises data centers and our hybrid cloud optimization tools position us well to address the new infrastructure challenges that our customers encounter in today’s environment,” added Sege.
To understand how Virtana’s enterprise solutions can make your hybrid cloud plans a success, visit www.virtana.com.
Virtana is the leading hybrid cloud optimization platform for digital transformation. Our technology and services give innovative organizations the clarity they need to take control of their infrastructure, transform their cloud operations, and deliver a superior brand experience. Virtana’s software modernizes IT, supporting its agility while guaranteeing performance, minimizing risk, and reducing cost. We guide users on a journey to see their infrastructure from a single pane of glass, act on issues that arise, and transform processes for future automation.