Skip to main content

VKernel™ Secures $4.6 Million Series A Financing




Just heard from the VKernel folks:


PORTSMOUTH, N.H., February 4, 2008 – VKernel Corporation, a provider of easy-to-use and
quick-to-deploy virtual appliances for managing virtual server environments, announced today the
company has raised $4.6 million in its initial institutional round of funding. The round was co-led
by Hummer Winblad Venture Partners and Polaris Venture Partners.
VKernel will use the funds to advance product development, increase sales, and expand market
awareness. Additionally, Mitchell Kertzman of Hummer Winblad and Dave Barrett of Polaris will
join VKernel’s Board of Directors.
“The server virtualization market is growing explosively,” said Mitchell Kertzman, managing
director at Hummer Winblad. “This has us very excited about VKernel’s vision as it is providing
the essential tools for IT staffs to virtualize their environments faster, more cost-effectively, and
with greater confidence.”
“We believe organizations will see VKernel technology as a vital component of successful
virtualization projects,” stated Dave Barrett, general partner at Polaris Venture Partners. “The
company’s executive team has a solid track record of growing businesses from the ground up,
and we fully anticipate VKernel will rapidly become a player in this market.”
VKernel, first launched in January 2007, is building a suite of “plug-and-play” virtual appliances
designed to quickly solve real world systems management challenges as organizations migrate to
virtual server environments. VKernel’s patent-pending Chargeback appliance is certified by
VMware, and enables IT groups to immediately solve today’s critical pain points by providing cost
visibility into the resource consumption of each virtual machine, resource pool, host, or cluster.
“Organizations of all sizes are virtualizing their server farms, which is creating a new set of
systems management challenges,” said Alex Bakman, founder and CEO of VKernel. “To be
successful, IT groups need tools that address their most pressing issues. Unlike traditional
systems management products that are difficult to install, learn, and use, VKernel is delivering
tiny virtual appliances designed to solve specific issues.”

VKernel’s Chargeback Virtual Appliance is available for download on the company’s website. For
additional information, pricing, and how to purchase, visit www.vkernel.com.
About VKernel Corporation Based in Portsmouth, NH, VKernel is dedicated to developing best-of-breed virtual appliances that enhance performance, lower costs, and simplify management of virtual environments of all sizes. As a certified VMware partner, VKernel offers the industry’s only VMware certified virtual appliances for analyzing capacity, chargeback, and cost visibility. For more information, visit www.vkernel.com.

About Polaris Venture Partners

A national venture capital firm with over $3 billion under management, Polaris invests in seed,
early stage and growth equity businesses in the technology, life science, digital media, enertech
and consumer sectors. Through a philosophy of lead investing and active, long-term partnering
with entrepreneurs and management teams, Polaris has helped many companies achieve
outstanding success. For more information, visit www.polarisventures.com

About Hummer Winblad Venture Partners

Hummer Winblad Venture Partners is a leading venture capital firm focused on software investing and manages over $1 billion in cumulative capital. Since Hummer Winblad Venture Partners' inception in 1989 the firm has launched over 100 new software companies. For more
information, visit www.humwin.com.

Comments

Popular posts from this blog

Security: VMware Workstation 6 vulnerability

vulnerable software: VMware Workstation 6.0 for Windows, possible some other VMware products as well type of vulnerability: DoS, potential privilege escalation I found a vulnerability in VMware Workstation 6.0 which allows an unprivileged user in the host OS to crash the system and potentially run arbitrary code with kernel privileges. The issue is in the vmstor-60 driver, which is supposed to mount VMware images within the host OS. When sending the IOCTL code FsSetVoleInformation with subcode FsSetFileInformation with a large buffer and underreporting its size to at max 1024 bytes, it will underrun and potentially execute arbitrary code. Security focus

Splunk that!

Saw this advert on Slashdot and went on to look for it and found the tour pretty neat to look at. Check out the demo too! So why would I need it? WHY NOT? I'd say. As an organization grows , new services, new data comes by, new logs start accumulating on the servers and it becomes increasingly difficult to look at all those logs, leave alone that you'd have time to read them and who cares about analysis as the time to look for those log files already makes your day, isn't it? Well a solution like this is a cool option to have your sysadmins/operators look at ONE PLACE and thus you don't have your administrators lurking around in your physical servers and *accidentally* messing up things there. Go ahead and give it a shot by downloading it and testing it. I'll give it a shot myself! Ok so I went ahead and installed it. Do this... [root@tarrydev Software]# ./splunk-Server-1.0.1-linux-installer.bin to install and this (if you screw up) [root@tarrydev Software]# /op

Virtualization is hot and sexy!

If this does not convince you to virtualize, believe me, nothing will :-) As you will hear these gorgeous women mention VMware, Akkori, Pano Logic, Microsoft and VKernel. They forgot to mention rackspace ;-) virtualization girl video I'm convinced, aren't you? Check out their site as well!