Welcome!

Eclipse Authors: Pat Romanski, Elizabeth White, Liz McMillan, David H Deans, JP Morgenthal

News Feed Item

SnapVolumes Secures $2.3 Million Seed Financing to Redefine Application Deployment and Management of Virtual Desktops, Servers and Cloud Computing

SnapVolumes, Inc., a new company focused on application lifecycle management in virtual, cloud and physical environments, has emerged from stealth mode today with an angel investment of $2.3 million from well-known industry executives. Founded by virtualization, Windows kernel and security experts, Matthew Conover, Shaun Coleman and Matthieu Suiche, SnapVolumes focuses on the issues of supporting a mixed environment of virtual desktops, servers and cloud computing while fully leveraging the virtual infrastructure.

As more companies move to the cloud, IT departments are struggling to adapt their enterprise applications to the dynamic and elastic nature of cloud computing. Traditional tools that managed applications in the world of physical servers and desktops are ill-suited for virtual environments. This leads to substantial overhead and costs associated with application deployment, support, management, storage and infrastructure. A recent analyst report predicts a virtualization management gap in excess of $100 billion and growing at an unprecedented rate, increasing pressure on IT and the need for automating application deployment and management. To address market needs, SnapVolumes has developed an entirely new approach to enterprise application life-cycle management that takes full advantage of virtualization and modern storage technologies such as SSD. SnapVolumes supports all server, desktop and custom/legacy applications without requiring streaming, packaging, or sequencing and is far more robust than current layering solutions.

SnapVolumes is led by CEO Raj Parekh, former CEO of Virident and CTO/VP, Engineering at Sun Microsystems. SnapVolumes has already attracted top engineering talent from VMware, Citrix, EMC, Symantec, Microsoft and Trend Micro. The SnapVolumes Board of Directors is drawn from business leaders and technologists with extensive experience in virtualization and cloud computing, and include Henrik Rosendahl, successful serial entrepreneur and CEO of Thinstall (acquired by VMware in 2008); Klaus Oestermann, Group VP, GM of Cloud Networking at Citrix Systems; and, Prashant Shah, former Managing Director at Hummer Winblad Venture Partners. Participants in the angel round include TiE Angels of Silicon Valley and industry executives and visionaries such as the founder and former CTO of Brocade Kumar Malavalli, SVP of Technology at SAP Labs Sanjog Gad, and the CEO of Infoblox Robert Thomas. Executives from Symantec, EMC, Citrix, and TIBCO also participated in the round.

“SnapVolumes has the potential to fundamentally change the way that enterprise desktops, server and cloud platforms are managed,” said Simon Bramfitt, founder and principal analyst with Entelechy Associates. “The ability for IT to easily adapt their enterprise applications to the dynamic and elastic nature of cloud computing is a remarkable benefit. SnapVolumes technology is the closest thing to magic I’ve ever seen.”

“The opportunities for SnapVolumes from both a technology and partnership perspective are exciting, and I look forward to being involved with such a distinguished team and group of advisors,” said Rosendahl, Chairman of the Board, SnapVolumes. “My experience at Thinstall and VMware in application delivery and virtualization provided me with unique insight into the issues that can arise in a converged infrastructure environment. I believe SnapVolumes is in a strong position to help solve these new-world data center challenges.”

SnapVolumes’ executive team brings extensive experience in virtualization and software development:

  • Chief Executive Officer Raj Parekh – co-founded Virident Systems in 2006 and served as CEO and Chairman. A well-respected technologist, Raj has been a member of the senior business and technology executive teams of high technology companies including Sun Microsystems as CTO and Vice President of Engineering of all system products, and as Vice President and General Manager of Java products for Sun Microsystems. Before joining Sun, Raj was Vice President and General Manager at Silicon Graphics managing all chip development including “Geometry Engine” and several system products. Raj also co-founded Redwood Ventures served as Executive Managing Partner and Chairman. Raj has served as board member and/or Chairman of the board at more than 15 high tech companies, including Magma, Niksun, Pranalytica, eGtran, Virident, TiE Angels, PubNub and Aspex. He holds 11 issued patents.
  • Chief Technology Officer and Founder Matthew Conover – former Technical Director for Symantec Research Labs, where he was a major contributor to the company’s virtualization strategy. Prior to his eight years at Symantec, Conover held various research and engineering roles at Network Associates and BindView. As an early pioneer in the field of Windows security his research has been cited in numerous publications such as “Writing Secure Code” by Microsoft Press. He holds 16 issued patents.
  • Vice President of Products/Marketing and Founder Shaun Coleman – formerly Director of Product Management for Citrix XenDesktop, Coleman has also worked at VMware where he was the first hire in the desktop virtualization group where he managed the first releases of VDI/VMware View. He founded the security startup company Reconnex (acquired in 2008 by McAfee) and has held various senior management positions at Proofpoint, RSA Data Security, Lawrence Livermore National Labs, and Sandia National Labs. Coleman holds 4 issued patents.
  • Chief Scientist and Founder Matthieu Suiche – As one of the youngest Microsoft MVPs, he is a well-respected Windows OS and security expert. He also worked as a researcher at the Netherlands Forensic Institute (Dutch Nederlands Forensisch Instituut) as part of the Dutch Ministry of Security and Justice, has worked for the European Aeronautic Defense and Space Company, and contributed to the Samba open source project.

“Running many virtual machines on a single server has greatly reduced the number of physical servers needed, giving an enormous CAPEX savings. However, OPEX continues to increase proportional to total number of VMs,” said Parekh. “The problem of application management is obviously in need of a new solution. Without that, the ever expanding virtualization management gap will simply stall cloud momentum. Such a solution must be fully automated, fit seamlessly with all clouds, hypervisors, operating systems and apps. It must be secure, easy to use and fit with existing tools from major players like VMware, Citrix, Dell and Microsoft. There exists no such product in the market today with these attributes. At SnapVolumes, we are developing a patent-pending solution to address critical issues, reduce CIO headaches and save millions of dollars in operational expenses ‘in a snap.’ Due to the size of the opportunity and urgent need from customers, we plan to form key partnerships with industry leaders as we complement their solutions.”

For more information about SnapVolumes and their new beta program, contact [email protected] or call 888-369-5597 or go to www.snapvolumes.com.

Follow SnapVolumes on the web at:

About SnapVolumes

SnapVolumes was founded in early 2011 to provide IT with a new approach to enterprise application life-cycle management that takes full advantage of virtualization, supports legacy applications, eliminates the need for re-architecting or rewriting existing software, and works with existing management solutions. The company is headquartered in Los Altos, California. For more information, visit http://www.snapvolumes.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and ...
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace.
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.