Wednesday, May 15, 2013

Atlantis Computing raises $20 million funding round

USA: Atlantis Computing, the award-winning leader in data center storage optimization solutions, announced the completion of a $20 million Series D financing round led by new investor Adams Street Partners.

Previous investors Cisco Systems, El Dorado Ventures and Partech International also participated in the financing, continuing their commitment to Atlantis Computing. The funding will be used to support the company's worldwide expansion.

"Adams Street Partners has been looking to invest in the growing virtualization market for some time, and we are excited to come on board with Atlantis Computing," said Dave Welsh, partner at Adams Street Partners and a member of Atlantis Computing's board of directors.

"We were impressed by several aspects of Atlantis Computing's business, including its proven award-winning technology, strong go-to-market partnerships and fast-growing blue-chip customer base. We realized that Atlantis Computing is dramatically impacting the way storage will be consumed in the next generation virtual data center."

Atlantis Computing is behind the largest and most successful desktop virtualization deployments in the world. Atlantis Computing more than tripled its customer base over the past year, and now has over 250 customers with more than 300,000 licenses sold.

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