Virtual Iron Software, one of the main competitors to VMware in the enterprise server virtualization field, has secured $20 million in new venture equity financing.
Virtual Iron Software, one of the main competitors to VMware in the enterprise server virtualization field, has secured $20 million in new venture equity financing. The funding "will be used to accelerate product development and expand global sales, marketing and distribution efforts."
Virtual Iron is the only competitor to VMware in the market that has the features to support the high value use cases for virtualization such as dynamic workload management, fault tolerance, and disaster recovery," said David R. Skok, General Partner at Matrix Partners. "Virtual Iron's product is differentiated from VMware in several important ways including its ease of use, scalability and use of a standard storage architecture.
The press release jumped at me, because I have a friend in the IT industry who told me just last week that her company is seriously evaluating Virtual Iron in lieu of VMware, which is "too expensive." Now, I am not at liberty to name the organization, but it is not a small one, with capital reserves of over 14 billion Singapore dollars as of financial year 2007.
Free evaluation copies are available for download at http://www.virtualiron.com/free.