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Virtualization startup Illumita gets $6 M in Series A fundings

Seattle Times reporting;

A recent report from analyst firm IDC predicts server virtualization will become a $20 billion industry by 2010. The report also indicates $17 billion of that money will be spent on the virtualization solutions and services segment that illumita is targeting, on top of the $3.1 billion for virtualization software licenses.

illumita is also announcing several additions to its executive team. Steve Brodie recently joined the company as President. He brings more than 15 years of enterprise software development and enterprise IT consulting experience with recent executive experience at Hewlett Packard/Mercury Interactive and IBM/Rational. Also recently joining the executive team is Jonathan Weeks as VP of Engineering.

illumita further announced, Brad Silverberg and Sunny Gupta are joining illumita’s Board of Directors. Brad Silverberg is a founding partner at Ignition and former senior executive at Microsoft. Sunny Gupta is an experienced enterprise software executive who has been an executive at Opsware, Mercury Interactive and Rational as well as founder and CEO of iConclude.

These guys are still in stealth mode (loads of startups now use the "stealth-mode" catch phrase lately) and will not talk much about it openly (yet). Seattle times news article.


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