Chetan Venkatesh CEO and Co-Founder, Macrometa

Atlantis Computing Inc. means for sure something for our readers. The company was famous for many years recognized by end-users receiving several awards during VMworld or Citrix Synergy conferences for VDI and their ILIO solution.

Atlantis was a leader in the virtualization infrastructure and has also invented several great things around deduplication and RAM, delivering USX in 2013, a software-defined storage flavor leveraging any storage to boost VM environments. In September 2015, the company introduced HyperScale as a new SDS iteration available as hyper-converged appliances with Cisco, HPE (HP at that time), Lenovo and SuperMicro.

Started in 2004, the story finally ended mid-2017 at least in a bizarre way. It confirms also that the sales execution and especially the channel and alliances strategy was badly implemented and run. According to the Venkatesh LinkedIn page, Atlantis raised ~$50 million in venture capital and debt financing from Adam St Partners, Partech Ventures, El Dorado Ventures and Cisco. Surprisingly, Partech Ventures doesn’t display Atlantis any longer on their web site as past investments.

The Atlantis web site is still running with products and management listed. Between October 2016 and August 2017, no press releases were issued, not a good indicator.

A rapid check on LinkedIn and web sites for the management and we understand the site is dormant or frozen and even abandoned:

• Chetan Venkatesh was founder CEO and CTO of Atlantis and is CEO and co-founder of Macrometa Corp.
• David Cumberworth was VP WW field operations at Atlantis and is now VP WW sales at HiveIO since August 2017
• Toby Coleridge didn’t yet update his profile on LinkedIn, still listed as CTO of Atlantis
• Sathish Nayak was VP product at Atlantis and is now software engineering leader at ServiceNow
• Ruben Spruijt was field CTO at Atlantis and now CTO at Frame
• Rajiv Pimplaskar was VP North America and global accounts at Atlantis and is now SVP, Americas at Veridium.

The Hive IO exit was a surprise and we understood that Atlantis had some financial difficulties early 2017. Finally the story exit is a bargain for Hive IO who finally acquired some technology assets and not the company, it was announced July 27, 2017.

Chetan Venkatesh has started a new adventure named Macrometa Corp. in January 2018 backed by Benhamou Global Ventures (BGV), Partech Ventures, Shasta Ventures & Sway Ventures. The company is still in stealth mode. He started also to be an advisor at BGV starting in January 2018 according to his LinkedIn page.

According to the Macrometa LinkedIn page, the company “is creating a new avant-garde cloud infrastructure for tomorrow’s AI/ML enhanced IOT and mobile devices, and enterprise applications. We are valley veterans with deep expertise and experience in building large-scale distributed systems and enterprise data infrastructure.”