Welcome!

SAP HANA Cloud Authors: Liz McMillan, Jason Bloomberg, Pat Romanski, Ed Featherston, William Schmarzo

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.

@ThingsExpo Stories
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
"We work in the area of Big Data analytics and Big Data analytics is a very crowded space - you have Hadoop, ETL, warehousing, visualization and there's a lot of effort trying to get these tools to talk to each other," explained Mukund Deshpande, head of the Analytics practice at Accelerite, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The idea of comparing data in motion (at the sensor level) to data at rest (in a Big Data server warehouse) with predictive analytics in the cloud is very appealing to the industrial IoT sector. The problem Big Data vendors have, however, is access to that data in motion at the sensor location. In his session at @ThingsExpo, Scott Allen, CMO of FreeWave, discussed how as IoT is increasingly adopted by industrial markets, there is going to be an increased demand for sensor data from the outermos...
UAS, drones or unmanned aircraft, no matter what you call them — this was their week. Our news stream was flooded with updates on the newly announced rules and regulations for commercial UAS from the FAA. So, naturally we have dedicated this week’s top news round up to highlight some of our favorite UAS stories.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
Presidio has received the 2015 EMC Partner Services Quality Award from EMC Corporation for achieving outstanding service excellence and customer satisfaction as measured by the EMC Partner Services Quality (PSQ) program. Presidio was also honored as the 2015 EMC Americas Marketing Excellence Partner of the Year and 2015 Mid-Market East Partner of the Year. The EMC PSQ program is a project-specific survey program designed for partners with Service Partner designations to solicit customer feedbac...
Apixio Inc. has raised $19.3 million in Series D venture capital funding led by SSM Partners with participation from First Analysis, Bain Capital Ventures and Apixio’s largest angel investor. Apixio will dedicate the proceeds toward advancing and scaling products powered by its cognitive computing platform, further enabling insights for optimal patient care. The Series D funding comes as Apixio experiences strong momentum and increasing demand for its HCC Profiler solution, which mines unstruc...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Connected devices and the industrial internet are growing exponentially every year with Cisco expecting 50 billion devices to be in operation by 2020. In this period of growth, location-based insights are becoming invaluable to many businesses as they adopt new connected technologies. Knowing when and where these devices connect from is critical for a number of scenarios in supply chain management, disaster management, emergency response, M2M, location marketing and more. In his session at @Th...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...