Feeds

Atlantis raises 20 million greenbacks to flog virty desktop software

D-round takes pot up to $30m total

Choosing a cloud hosting partner with confidence

Privately-owned Atlantis Computing has just raised $20m to flog its Atlantis ILIO desktop virtualisation software around the world.

ILIO – In Line Image Optimisation - has virtual machines running inside a server's RAM and delivers virtual desktops at less than $300 per desktop.

The company's second CEO, Bernard Harguindeguy, came on board in December 2009 when founder and then-CEO Chetan Venkatesh stepped back to become chief technology officer. He, with others, holds a couple of patents relating to VDI, virtual machines and deduplication.

Harguindeguy must have a brief to expand the company. From its founding in 2004 through to most of 2010, Atlantis survived and prospered on just $5 million of funding. El Reg assumes this came from private individuals - angel investors in other words.

Eight months after Harguindeguy took the helm, the company raised $10m in C-round venture funding, with the cash to be used for sales growth, marketing activities and international expansion. Now there is a $20m D-round led by new investor Adams Street Partners with existing investors Cisco Systems, El Dorado Ventures and Partech International pumping dollars in too. Again, the cash is to be used for worldwide expansion.

Harguindeguy has opened investors' wallets because Atlantis Computing "is behind the largest and most successful desktop virtualisation deployments in the world. [It has] more than tripled its customer base over the past year, and now has over 250 customers with more than 300,000 licences sold".

The company could be attempting to break out of a VDI niche. It tells the world that "ILIO will be available soon for cloud-scale deployments of virtual servers such as databases, collaboration and mail servers".

Server virtualisation is beginning to look like a magic carpet that is silently ferrying server applications to the cloud, with VDI enjoying a ride there too.

Will Atlantis need another funding round before it can either run an IPO or be bought? Perhaps not if it can reach a self-sustaining critical mass before the $20m is used up. ®

Security for virtualized datacentres

More from The Register

next story
It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
Or why the reversal of globalisation ain't gonna 'appen
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Bitcasa bins $10-a-month Infinite storage offer
Firm cites 'low demand' plus 'abusers'
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
CAGE MATCH: Microsoft, Dell open co-located bit barns in Oz
Whole new species of XaaS spawning in the antipodes
Microsoft and Dell’s cloud in a box: Instant Azure for the data centre
A less painful way to run Microsoft’s private cloud
AWS pulls desktop-as-a-service from the PC
Support for PCoIP protocol means zero clients can run cloudy desktops
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.