Ravello Systems Raises $26 Million for Cloud Application Hypervisor
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Ravello Systems emerged from stealth this week with a beta product release and funding of $26 million in venture capital.
"The technology that we have developed allows us to completely encapsulate an application and its infrastructure so it can run on any cloud," Navin Thadani, SVP of Products at Ravello told Datamation.
Ravello calls its technology a Cloud Application Hypervisor and it is initially being offered in a Software-as-a-Service model.
The Ravello technology is built with a new high-performance nested hypervisor called HVX. HVX is a proprietary technology, though it uses some open source components.
HVX today is only available on the Ravello cloud service, though the roadmap is for an on-premises private cloud version.