Welcome!

Artificial Intelligence Authors: Derek Weeks, Yeshim Deniz, Elizabeth White, ManageEngine IT Matters, Liz McMillan

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
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, will introduce two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a...
In his session at @ThingsExpo, Arvind Radhakrishnen discussed how IoT offers new business models in banking and financial services organizations with the capability to revolutionize products, payments, channels, business processes and asset management built on strong architectural foundation. The following topics were covered: How IoT stands to impact various business parameters including customer experience, cost and risk management within BFS organizations.
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...
DX World EXPO, LLC., a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, discussed the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insights from the vast t...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
From 2013, NTT Communications has been providing cPaaS service, SkyWay. Its customer’s expectations for leveraging WebRTC technology are not only typical real-time communication use cases such as Web conference, remote education, but also IoT use cases such as remote camera monitoring, smart-glass, and robotic. Because of this, NTT Communications has numerous IoT business use-cases that its customers are developing on top of PaaS. WebRTC will lead IoT businesses to be more innovative and address...
In his session at @ThingsExpo, Sudarshan Krishnamurthi, a Senior Manager, Business Strategy, at Cisco Systems, discussed how IT and operational technology (OT) work together, as opposed to being in separate siloes as once was traditional. Attendees learned how to fully leverage the power of IoT in their organization by bringing the two sides together and bridging the communication gap. He also looked at what good leadership must entail in order to accomplish this, and how IT managers can be the ...
SYS-CON Events announced today that Secure Channels, a cybersecurity firm, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Secure Channels, Inc. offers several products and solutions to its many clients, helping them protect critical data from being compromised and access to computer networks from the unauthorized. The company develops comprehensive data encryption security strategie...
"DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy," said Roger Strukhoff, Conference Chair. "DX World Expo has organized these issues along 10 tracks with more than 150 of the world's top speakers coming to Istanbul to help change the world."
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, discussed the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information.
SYS-CON Events announced today that App2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. App2Cloud is an online Platform, specializing in migrating legacy applications to any Cloud Providers (AWS, Azure, Google Cloud).
SYS-CON Events announced today that Calligo has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo is an innovative cloud service provider offering mid-sized companies the highest levels of data privacy. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalized support service from its globally located cloud platform...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...