Company Profile: Virtustream

Company
Virtustream, Inc.

Locations
HQs in Bethesda, MD, US locations in Atlanta, GA, Hopkinton, MA, New York, NY, McLean, VA, Dallas, TX, Richardson, TX, Draper, UT, Santa Fe, Mexico, European offices in London, UK, Paris, France, Kaunas, Lithuania, Cork, Ireland, Walldorf, Germany, Asian offices in Pune, India, Bangalore, Tokyo, Japan, and Australian office in Sydney.

Date founded
2009

Financial funding

Total of $130 million

2009: $25 million and $10 million
2010: $15 million
2011: $10 million and $10 million
2012: $15 million and $5 million
2013: $40 million

Approaching $100 million in revenue in 2014, the firm was considering an IPO in 2015.

Acquisitions
In 2009 the company completed the acquisition of VirtualizeIT, an European consultancy practice dedicated to the advancement and adoption of virtualization technologies, and Brigh Technologies, North American provider for the design and deployment of custom solutions in the virtualization space.

Being acquired
By EMC in 2015 for $1.2 billion in cash, and then integrated Dell that acquires EMC

Revenue
No figures were revealed but Dell stated that demand for Virtustream public cloud for mission critical applications grew approximately 100% in 1FQ18 ended May 5, 2017.

Main executives:

Rodney J. Rogers, founder and CEO was formerly co-founder, chairman and CEO of Adjoined. From its inception in 2000 through its acquisition by Kanbay in 2006, Adjoined was known as a growing US-based IT services companies. He then became COO of Kanbay, a 7,000 person global IT services firm acquired by Capgemini in 2007. He is a board director of UnitedLex, a knowledge process outsourcer based in India, and Greensmith, in distributed energy storage software technology. He is an angel investor in a variety of technology start-ups, and also co-founder and director of The Blue Lagoon Foundation, a non-profit charitable giving organization.

Kevin Reid, founder, president and CTO was previously co-founder and the CTO of Adjoined, acquired by Kanbay. He then became the global practice lead for the business intelligence practice of Kanbay, which was subsequently acquired by Capgemini where he continued with as the North American practice leader for business intelligence and enterprise architecture. Prior to Adjoined he was CIO for a privately-held corporation and the largest producer and distributor of sweeteners in the United States. Before that, he was with Accenture‘s consumer products industry practice. In addition, he is president of Blue Lagoon Advisors, LLC, a private U.S-based executive advisory and private equity firm and chairman of the board for Greensmith Energy Management Systems, LLC, in distributed energy storage technology.

Number of employees
2,300

Technology and products
Virtustream, a Dell Technologies business, is a cloud services provider with more than 20 data centers. Built to support enterprises, these services are dedicated to transforming enterprise IT by providing agility, performance, and cloud economics. Virtustream Storage Cloud is an enterprise, hyperscale object storage platform. It is engineered to secure, manage, and store the growing data of large enterprises, service providers, and public sector organizations. The environment allows for cloud tiering of Dell EMC storage and backup, and provides object storage benefits to support cloud-native applications.

This platform is in production for several years as the primary object storage platform for a select set of customers managing multiple exabytes of data, with hundreds of billions of objects under management and an event monitoring system that processes more than 35 billion events per day.

Virtustream Enterprise Cloud
Click to enlarge

Released date
May 2016 for Virtustream Storage Cloud

Prices
Virtustream Storage Cloud is available in four service offerings:

Standard service: stores data in a single region with data being protected within that region only. Prices range from $0.03/GB for small deployments to $0.028 for large deployments. This includes a 20% entitlement for data egress and support. Overages and transactions above entitlement amounts are billed separately.
Standard infrequently accessed: is the service for data that needs to be online, but is suitable for long term archival and data that will not be accessed much. The price is $0.0125/GB for all capacity and includes customer support. Overages and transactions are billed separately.
Premium service: stores data in multiple regions with data being protected across all regions. This service is best used when data needs to be readily available, online, and protected across an entire geographical area such as the US, Europe, or AsiaPac. Prices range from $0.059/GB for small deployments to $0.055 for large deployments. This includes a 20% entitlement for data egress and support. Overages and transactions above entitlement amounts are billed separately.
Premium infrequently accessed: Objects can be ingested into multiple regions with data being protected across all regions. This service is suitable for long-term archival and data that will not be accessed much. The price is $0.025/GB for all capacity and includes customer support. Overages and transactions above entitlement amounts are billed separately.

Roadmap

Improvements to service availability, data protection, security and compliance
New offerings focused on Dell EMC solution virtual hosting and DR
Improved customer experience including portal, pricing, and billing updates
Expansion into new regions and geographies
New services focused on specialized industries like healthcare
Later this year introducing a Virtustream addition of its Enterprise Hybrid Cloud to encompass mission critical workloads on-prem with seamless connections to Virtustream public cloud

Distributors and OEMs
Virtustream Storage Cloud is part of the Dell EMC partner and channel program. This program includes partners, distributors, OEMs, ISVs, in all geographies, vertical markets, and specialty areas.

Customers
In all geographies, over 20 different industries, government, and non-profit, and ranging from Fortune 50 enterprises to small and medium size businesses.

Main customers
Large health and life science companies, over 200 SAP clients running production SAP in the Virtustream Enterprise Cloud.

Competitors
Include giants Amazon Web Services, Microsoft Azure and Google Cloud Platform.