$15 Million Round of Financing for Virtana
Now total of $85 milion for former Virtual Instruments
This is a Press Release edited by StorageNewsletter.com on May 14, 2020 at 2:44 pmVirtana, Inc. announced a $15 million investment from HighBar Partners and Benhamou Global Ventures.
The funding will allow 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 TCO – especially in the current climate,” said Ron Sege, executive chairman and CEO. “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, 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.