Virtualized Cloud Storage Firm Virsto Raises $12 Million
Virsto Software, which develops storage software for virtual machines, has announced a successful round of Series B funding to the tune of $12 million. Leading the round was VC firm InterWest Partners, with previous investors August Capital and Canaan Partners also participating. And as a corollary to the announcement, Virsto has finalized the acquisition of EvoStor, specialist in storage virtualization technology for VMware environments.
According to the press release, Virsto’s overall goal is to “further deliver on the vision of multi-hypervisor support for reliable, heterogeneous, high-performance and low-cost storage.” The funding will be used for product development, overall business growth and building Virsto’s industry partnerships beyond the existing Microsoft and Citrix relationships. And with EvoStor, it gains an important foot in the door with VMware.
The last time we heard from Virsto, it was joining up with the VDI Coalition. So it’s not surprising that it’s promoting its product to customers and its reseller partners as a way to boost data security for virtualized desktop solutions, as well as for private and public clouds.
As is so often part of this kind of deal, InterWest partner Khaled Nasr will join Virsto’s board of directors. Stay tuned to TalkinCloud for updates.