Ravello Systems raises $28 million and announces major release of HVX

Cloud computing startup called Ravello Systems announces to have secured $28 million funding and to have boost a total of $54 million capital led by Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and SanDisk Corporation through SanDisk Ventures. Among the investors that participated in this funding round: Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners.

Ravello Systems Founded in 2011 by the team that created the KVM hypervisor at Qumranet (now part of Red Hat) which is now emerging among enterprises as the third virtualization platform of choice. The company went into public beta in February 2013 and GA in August 2013

A part from the funding, Ravello also announced the release of a major version of its nested virtualization technology, HVX,
currently delivered as a service.

Among the highlights of the new release:

  • HVX: nested hypervisor – the nested hypervisor now includes a functionality through support for virtualization extensions such as Intel VT and AMD SVM. In addition to running unmodified VMware or KVM virtual machines on public clouds, Ravello also runs a third-party hypervisors such as KVM today and soon ESXi on top of AWS or Google Cloud. This enables hardware-less hypervisor labs and OpenStack labs in the public cloud.
  • HVX: overlay networking and storage includes full support for VLANs as well as mirror ports on top of AWS or Google Cloud.
  • Management: the Ravello management delivers a unified private library that serves as a repository of all resources such as VMs, application blueprints, disk images, and elastic IP addresses.

Rami Tamir, CEO and co-founder of Ravello Systems, said:

There is a clear need in the market to bridge the divide between VMware oriented virtualized data centers and public clouds like AWS and Google – and nested virtualization has clearly emerged as the right technology to achieve this.