Atlantis Computing Raises $20 Million Funding Round

Atlantis Computing, Inc., 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, Inc., 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 more than tripled its customer base over the past year, and now has over 250 customers with more than 300,000 licenses sold.

"We took our first round of funding from venture capital investors in 2010, but have funded our growth through our customers’ business. We built a solid foundation for growth that helped us quadruple the business over the last two years," said Bernard Harguindeguy, president and CEO of Atlantis Computing. "Funds from this latest round will be used to accelerate our worldwide expansion as we continue delivering on our vision of highly optimized storage infrastructure in the virtualized data center."

Atlantis Computing was founded in 2006 with the vision of optimizing the way storage is consumed in the virtual data center. Its solutions eliminate the dependency on high performance and close proximity storage to enable any application to run on-demand with any storage — effectively decoupling the application from storage just as the hypervisor decoupled the application from the server hardware. Atlantis ILIO is a solution that enables both VDI and virtualized XenApp to run entirely in-memory without physical storage. It will be available soon for cloud-scale deployments of virtual servers such as databases, collaboration and mail servers.

Earlier this year, the company released ILIO Persistent VDI 4.0, a solution that enables Citrix XenDesktop and VMware View customers to deliver persistent virtual desktops that are cheaper and faster than physical PCs while using their existing images, tools and processes.

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