This article was published on May 15, 2013

Virtualization software firm Atlantis Computing raises $20m from Adams Street, Cisco and others


Virtualization software firm Atlantis Computing raises $20m from Adams Street, Cisco and others

Atlantis Computing, a Silicon Valley virtualization software company that specializes in data center storage optimization solutions, has secured $20 million in a Series D round of financing led by a new backer, private investment firm Adams Street Partners.

Prior investors Cisco Systems, El Dorado Ventures and Partech International also chipped in for the funding round, which brings the total capital raised by the company to $35 million.

Bernard Harguindeguy, president and CEO of Atlantis Computing, says:

“We took our first round of funding from venture capital investors in 2010, but have funded our growth through our customers’ business. We built a solid foundation for growth that helped us quadruple the business over the last two years.

Funds from this latest round will be used to accelerate our worldwide expansion as we continue delivering on our vision of highly optimized storage infrastructure in the virtualized data center.”

Founded in 2006, Atlantis Computing currently boasts over 250 customers with more than 300,000 licenses of its desktop virtualization software suite sold to date.

Its flagship software solution, Atlantis ILIO, will be available for cloud-scale deployments of virtual servers such as databases, collaboration and mail servers soon, the company says.

Image credit: Flickr / 401(K) 2013

Get the TNW newsletter

Get the most important tech news in your inbox each week.

Also tagged with