StageAcquired | Acquired
About Virsto Software
Virsto Software delivers VM-centric storage hypervisor for storage in virtualized environments. Virsto improves storage utilization, increasing performance, and accelerating VM storage. Virsto reduces the cost and complexity of storage for VDI, test and development, Tier I application virtualization, cloud computing and other virtualization initiatives. Virsto has also acquired EvoStor, a company specializing in storage virtualization technology for VMware environments. In February 2013, Virsto Software was acquired by VMWare. The valuation of Virsto Software was undisclosed. Other terms of the deal were not released.
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Latest Virsto Software News
Feb 12, 2013
Just weeks after we reported a shift in strategyat VMware, the virtualization giant has announced its intent to acquire Virsto Software, a provider ofstorage performance optimization software. VMware is refocussing its efforts to what it knows best: infrastructure. The company had intended to branch out to provide products at every layer of the entire software stack, including cloud-based applications. But withcompetition from scrappy startups and legacy vendors, VMware is concentrating its energies on the virtualized data center. John Gilmartin, vice president ofVMware's storage and availability unit, said the company intends to extend the "benefits of virtualization to every domain of the datacenter — compute, network, and storage.” VMware has made a number of strategic acquisitions to bolster its technology in each of these domains, including the high-profile purchase of Nicira for $1.26 billion. The buy-up, which the company announced in a blog post today, is expected to close at the end of the quarter. The terms of the deal were not disclosed. The Sunnyvale, Calif.-based Virsto has raised over $24 million in venture capital from investors, including August Capital, CanaanPartners, Interwest Partners, Southern Cross Venture Partners and Correlation Ventures. Filed under: Big Data, Business, Cloud, Enterprise
Virsto Software Frequently Asked Questions (FAQ)
When was Virsto Software founded?
Virsto Software was founded in 2007.
Where is Virsto Software's headquarters?
Virsto Software's headquarters is located at 219 Moffett Park Drive, Sunnyvale.
What is Virsto Software's latest funding round?
Virsto Software's latest funding round is Acquired.
How much did Virsto Software raise?
Virsto Software raised a total of $24M.
Who are the investors of Virsto Software?
Investors of Virsto Software include VMware, Canaan Partners, August Capital, InterWest Partners, Southern Cross Venture Partners and 3 more.
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