Virtustream

Virtustream Inc.
Subsidiary
Industry Cloud computing
Founded 2009
Founder Rodney Rogers
Kevin Reid
Headquarters 2 Penn Plaza, 17th Floor
New York, NY 10121
Area served
 Worldwide
Key people
 Rory Read, President
Deepak Patil, SVP of Product and Technology
Brian Curran, Chief Financial Officer
Todd McNabb, SVP, Global Sales
Products Infrastructure as a service
Parent Dell Technologies
(via Dell EMC Infrastructure Solutions Group)
Website www.virtustream.com

Virtustream is a provider of cloud computing management software, infrastructure as a service ("IaaS") and managed services to enterprises, governments and service providers.[1]

Virtustream was recognized as a visionary by Gartner in their 2012 infrastructure-as-a-service Magic Quadrant report, which highlighted their charging based on resources used rather than allocated and their application performance APIs.[2] The company also received the "2012 North American Hybrid Clouds Product Line Strategy Award" from Frost & Sullivan[3] and was listed in the 2011 Red Herring Global 100,[4] the AlwaysOn Global 250,[5] and the 2010 Inc. Magazine Top 5000.[6]

Virtustream is headquartered in New York City with offices in Atlanta, Bangalore, Dallas, Frankfurt, Hopkinton, Kaunas, London, McLean, San Francisco, Santa Fe, Sydney, Tokyo, and Washington D.C.[7] Virtustream's global infrastructure includes data centers located in Frankfurt, Japan, London, Paris, San Francisco, Seoul, Sydney, Las Vegas, and Washington D.C.[8]

On May 26, 2015, EMC announced an agreement to acquire Virtustream.[9] EMC Corporation announced it had completed the acquisition of Virtustream on July 9, 2015.[10][11]

History

Virtustream was founded in 2009 by Rodney Rogers and Kevin Reid, who had previously founded Adjoined Consulting (which was acquired by Kanbay, and in turn, Capgemini).

The company raised approximately $40 million in series A funding from Columbia Capital, Blue Lagoon Capital, Intel Capital, Noro-Moseley Partners and TDF Ventures between September 2009 and May 2010, and $15 million in series B funding in July 2011 from Intel Capital, Columbia Capital, Noro-Moseley Partners, QuestMark Capital and TDF Ventures.[12][13]

See also

References

  1. ↑ Gardner, Dana. "Virtustream delivers cloud software to run private, public and hybrid enterprise-class clouds". ZDnet.
  2. ↑ Butler, Brandon. "Gartner's IaaS Magic Quadrant: a who's who of cloud market". Network World. Retrieved 31 December 2012.
  3. ↑ "Frost & Sullivan Presented the 2012 Excellence in Best Practices Awards". Frost & Sullivan. Retrieved 31 December 2012.
  4. ↑ "2011 Red Herring Global 100". Red Herring. Retrieved 31 December 2012.
  5. ↑ "Announcing the 2011 AlwaysOn Global 250". AlwaysOn. Retrieved 31 December 2012.
  6. ↑ "Company Profile - Virtustream". Inc. Magazine. Retrieved 31 December 2012.
  7. ↑ "Virtustream Company Profile". Retrieved 4 June 2018.
  8. ↑ "Virtustream Global Infrastructure". Retrieved 4 June 2018.
  9. ↑ "EMC Press Release". EMC.com. EMC. Retrieved 26 May 2015.
  10. ↑ "EMC Completes Acquisition of Virtustream". EMC.com. EMC. Retrieved 9 July 2015.
  11. ↑ "EMC to Acquire Virtustream for $1.2 Billion". Retrieved 4 June 2018.
  12. ↑ "Venture Capital Update - Virtustream".
  13. ↑ Harris, Derrick. "Already awash in cloud cash, Virtustream raises $15M more". GigaOm. Retrieved 31 December 2012.
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