Racemi, a provider of automated server migration software, has closed a $10
million Series C round of venture financing.
The round included new investors, led by Milestone Venture Partners, along
with existing investors Harbert Venture Partners, and Paladin Capital
The funds will be used to further scale Racemi sales, services and
engineering to meet growing demand for its cloud migration software, which
automates the process of migrating workloads to public, private and hybrid
"The increasing adoption of cloud computing presents a tremendous opportunity
for Racemi and this round will help accelerate our efforts to enter new
markets and deliver the truly unique capabilities of our solution," said
Lawrence Guillory, CEO, Racemi. "We are continuing to build on our momentum
and strong growth. In the past year, we announced partner agreements with
LogMeIn, Inc. has announced that it has been selected by Verdeva, a
vehicle/driver information services innovator, to help the company realize
its vision for turning gas pumps into Internet-connected transaction
stations. Verdeva's Efficient Vehicle Assessor (EVA) is designed to make it
easy for insurers to implement lower-cost mileage-based policies, for
consumers to pay motor vehicles fees, and for fuel retailers to gain new
"LogMeIn is enabling us to dramatically simplify development of our connected
gas pump and fulfill a ‘go-big, go-wide' deployment strat... (more)
Convirture added support for Hyper-V to its multi-virtualization, multi-cloud
management software in January 2014 and got an overwhelmingly positive
response. But, then it found requests started pouring in to support Hyper-V
clusters because Microsoft has done such a good job of making clustering easy
for its users and there is so much of it deployed. Now four months later,
ConVirt software adds support for Hyper-V clusters as well as live migration.
In addition, the latest release of ConVirt incorporates support for Virtual
Private Clouds on Amazon EC2. There are two big benefits... (more)
Convirture is doing a series of seven webinars on best practices for managing
virtualization and cloud infrastructure that will take place every two weeks
and extend through May. The free webinars address some of the most common and
challenging use cases facing data center operators today.
The first webinar is scheduled Thursday, March 6 and addresses the issue of
bill shock experienced by some enterprises that are discovering multiple
Amazon Web Services (AWS) accounts, or multiple users sharing a single AWS
account, or some combination of both.
"We've heard over and over that t... (more)
It is now possible to apply automated security patches to virtual servers, as
well as physical hosts, without having to re-boot. CloudLinux announced today
that KernalCare now supports Parallels Virtuozzo Containers making it easier
to maintain the highest levels of security with real-time updates and ensure
uptime since no re-booting is necessary.
With KernelCare, patches are done automatically as soon as they become
available, while the machine continues to run - no delay, no downtime.
KernelCare checks every four hours for updates to the Parallels Virtuozzo
Containers kernel ... (more)