Ravello Systems launches with $26M in funding
Startup helps companies - large and small - tap the public cloud
Ravello Systems came out of stealth mode Monday night, while at the same time announcing that it's raised $26 million in total funding from Sequoia Capital, Norwest Venture Partners and Bessemer Venture Partners.
The Palo Alto, Calif-based company was founded by Rami Tamir and Benny Schnaider, serial entrepreneurs who had previously founded Qumranet, which was sold to Red Hat in 2008 for more than $100 million. Tamir and Schnaider, along with friends, initially seeded the company with $1 million back in 2011, before raising the $26 million in two traunches - the first $11 million in late 2012 and the last $15 million at the end of last year.
In like vein, Ravello Systems wants to make usage of the public cloud a more reasonable option. One that is easier to use, without needing to make any changes to the application, and also significantly more cost effective.
"The process companies would have to go through is to change their application [for the cloud vs internal data centers] or use their own limited resources," said Tamir, in an interview. The challenge then is that engineering teams end up delaying their releases or reducing the tests and pushing out buggy products or bringing in more teams to build out infrastructure, which can all be very expensive.
Ravello enables developers to overcome their internal data center capacity constraints and leverage the unlimited resources of the public cloud to develop and test their applications in a faster and more robust manner.
Companies, such as Engine Yard, help create duplicate environments for testing. Other emerging companies, such as Delphix, also allow companies to duplicate their database. Ravello Systems doesn't just duplicate the database, but rather it also duplicates the whole application, from the stack to storage.
"In our technology,assuming you have 10 VMs (vitrual machines)," Tamir explained, "We can do all applications in on VM." In other words, Ravello Systems can consolidate the number of virtual machines a company uses, thereby reducing the cost.
"Ravello allows organizations to completely encapsulate multi-VM applications and their entire environment (networking and storage) and run them on any public cloud (Amazon Web Services, Rackspace or HP Cloud) without making any changes whatsoever," said Tamir.
Tamir would not disclose how many clients Ravello has worked with nor who they are and how much they pay for the Ravello Systems service. Tamir would only say that the "infrastructre as a software" service is available for a few hundred dollars a month to much more. The pricing has yet to be determined.
Image source: enterprisedata.com)
Bambi Francisco Roizen
Founder and CEO of Vator, a media and research firm for entrepreneurs and investors; Managing Director of Vator Health Fund; Co-Founder of Invent Health; Author and award-winning journalist.
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