Welcome!

Open Source Cloud Authors: Pat Romanski, Elizabeth White, Shelly Palmer, Karthick Viswanathan, Stackify Blog

News Feed Item

Ravello Systems Secures $26 Million in Funding

Ravello Systems today announced that it has closed its second round of funding bringing the total amount of funds raised to $26 million. Ravello is now backed by Sequoia Capital, Norwest Venture Partners and Bessemer Venture Partners. Founded in 2011 by Rami Tamir and Benny Schnaider, the founding team behind the now standard KVM hypervisor, Ravello is positioned to change the game in the hybrid cloud market by delivering the industry’s first Cloud Application Hypervisor.

“Enterprises cannot use the public cloud the way that they would like to which is to be able to rent capacity on demand and simply spill-over bursty workloads,” said Tamir, CEO, Ravello Systems. “That’s not possible today because the public cloud environment is completely different from the enterprises’ internal data center. The industry needs a solution to normalize the application environment across the private and public cloud, so that enterprises can truly begin using the public cloud.”

“We have developed a Cloud Application Hypervisor that encapsulates multi-VM applications along with their entire environment including the VMs, networking, storage etc. so that enterprises can run any application in any cloud without making any changes,” said Schnaider, president and Chairman of the Board, Ravello Systems. “Unlike other solutions in the market that adopt a management only approach, Ravello’s Cloud Application Hypervisor normalizes the application environment so that it can run on the private or public cloud.

Ravello’s executive team brings deep expertise in virtualization, cloud, networking and storage technologies, and is the same team behind Qumranet, the company that developed the KVM hypervisor (acquired by Red Hat in 2008), now the standard virtualization technology in Linux. They are:

  • Rami Tamir (Co-Founder, CEO) - Prior to founding Ravello, Tamir was VP of engineering at Red Hat. He joined Red Hat through the acquisition of Qumranet where he was the co-founder and president. Previously Tamir held senior key management positions at Cisco which he joined through the acquisition of Pentacom where he was co-founder and head of software.
  • Benny Schnaider (Co-Founder, President and Chairman of the Board) - Prior to founding Ravello, Schnaider was VP of business development for Red Hat. He joined Red Hat through the acquisition of Qumranet where he was co-founder and CEO. Prior to Qumranet, Schnaider founded Pentacom and served as its CEO. He also co-founded P-Cube, (acquired by Cisco in 2004). As a board member, Schnaider played a key role in other companies including B-Hive (acquired by VMware in 2008) and Traffix (acquired by F5 in 2012).
  • Navin R. Thadani (SVP, Products) - Thadani joins Ravello from Red Hat, where he ran the virtualization (KVM/ RHEV) business line. He joined Red Hat through the acquisition of Qumranet in 2008 which he led as the VP of products. Previously, Thadani held several senior management positions at Cisco Systems.

“The rest of the market is focused on solving the enterprise public cloud adoption problem with ‘management only’ solutions - which is like managing complexity with more complexity,” said Shmil Levy, partner, Sequoia Capital. “Ravello Systems is the first company to tackle the problem head-on from an infrastructure perspective. It’s very much like what VMware did back in the early 2000s to the enterprise data center.”

“The leadership team behind Ravello has a track record of developing innovative technologies in the virtualization infrastructure space and backing it up with solid execution,” said Adam Fisher, partner, Bessemer Venture Partners. “Their previous virtualization initiative, KVM has been a tremendous success in the market with record breaking virtualization performance and scalability. This time around, HVX is another ground-breaking technology and if any team can deliver, it’s these guys.”

“NVP partners with entrepreneurs that have a strong vision and big ideas. We backed Benny and Rami previously when they created KVM at Qumranet, and are happy to back them again at Ravello,” said Vab Goel, partner, Norwest Venture Partners. “Ravello's technology has broad applications in terms of hybrid cloud computing and true application mobility. An end-to-end solution in this space will go a long way in getting real enterprises to adopt the public cloud.”

Ravello Systems also announced the public beta of its service that’s designed to enable developers to harness the unlimited resources of the public cloud to develop and test applications.

Supporting Resources

Follow Ravello Systems on the web at www.ravellosystems.com or:

· Twitter

· LinkedIn

· Product and technology overview

· YouTube Video channel

About Ravello Systems:

Founded in 2011, Ravello Systems is the industry’s first Cloud Application Hypervisor provider. With Ravello, enterprises can encapsulate their multi-VM applications and run them anywhere – on-premise or in any cloud – without making any changes whatsoever, and thereby implement a true hybrid cloud. Ravello is offered via an easy to use Software-as-a-Service and enables developers, devops and IT to use the unlimited resources of the public cloud to develop and test their applications. Ravello Systems is backed by top tier VCs including Sequoia Capital, Norwest Venture Partners and Bessemer Venture Partners. For more information, visit www.ravellosystems.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
SYS-CON Events announced today that Mobile Create USA will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Mobile Create USA Inc. is an MVNO-based business model that uses portable communication devices and cellular-based infrastructure in the development, sales, operation and mobile communications systems incorporating GPS capabi...
SYS-CON Events announced today that Daiya Industry will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Daiya Industry specializes in orthotic support systems and assistive devices with pneumatic artificial muscles in order to contribute to an extended healthy life expectancy. For more information, please visit https://www.daiyak...
SYS-CON Events announced today that Fusic will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Fusic Co. provides mocks as virtual IoT devices. You can customize mocks, and get any amount of data at any time in your test. For more information, visit https://fusic.co.jp/english/.
SYS-CON Events announced today that Keisoku Research Consultant Co. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Keisoku Research Consultant, Co. offers research and consulting in a wide range of civil engineering-related fields from information construction to preservation of cultural properties. For more information, vi...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
SYS-CON Events announced today that Interface Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Interface Corporation is a company developing, manufacturing and marketing high quality and wide variety of industrial computers and interface modules such as PCIs and PCI express. For more information, visit http://www.i...
SYS-CON Events announced today that Enroute Lab will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enroute Lab is an industrial design, research and development company of unmanned robotic vehicle system. For more information, please visit http://elab.co.jp/.
Elon Musk is among the notable industry figures who worries about the power of AI to destroy rather than help society. Mark Zuckerberg, on the other hand, embraces all that is going on. AI is most powerful when deployed across the vast networks being built for Internets of Things in the manufacturing, transportation and logistics, retail, healthcare, government and other sectors. Is AI transforming IoT for the good or the bad? Do we need to worry about its potential destructive power? Or will we...
In his session at @ThingsExpo, Greg Gorman is the Director, IoT Developer Ecosystem, Watson IoT, will provide a short tutorial on Node-RED, a Node.js-based programming tool for wiring together hardware devices, APIs and online services in new and interesting ways. It provides a browser-based editor that makes it easy to wire together flows using a wide range of nodes in the palette that can be deployed to its runtime in a single-click. There is a large library of contributed nodes that help so...
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, will discuss how data centers of the future will be managed, how th...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that TMC has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo and Big Data at Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Global buyers rely on TMC’s content-driven marketplaces to make purchase decisions and navigate markets. Learn how we can help you reach your marketing goals.
There is huge complexity in implementing a successful digital business that requires efficient on-premise and cloud back-end infrastructure, IT and Internet of Things (IoT) data, analytics, Machine Learning, Artificial Intelligence (AI) and Digital Applications. In the data center alone, there are physical and virtual infrastructures, multiple operating systems, multiple applications and new and emerging business and technological paradigms such as cloud computing and XaaS. And then there are pe...
Real IoT production deployments running at scale are collecting sensor data from hundreds / thousands / millions of devices. The goal is to take business-critical actions on the real-time data and find insights from stored datasets. In his session at @ThingsExpo, John Walicki, Watson IoT Developer Advocate at IBM Cloud, will provide a fast-paced developer journey that follows the IoT sensor data from generation, to edge gateway, to edge analytics, to encryption, to the IBM Bluemix cloud, to Wa...