Home Startups In brief: VMware intents to buy Avi Networks, the startup that raised...

In brief: VMware intents to buy Avi Networks, the startup that raised US$115M

Posted on:


READING TIME: 1 min read

- Advertisement -

  • VMware is trying to reinvent itself from a company that builds and manages virtual machines in your data center to one that manages your virtual machines wherever they live, whether that’s on prem or the public cloud.
  • The company announced today that it was buying Avi Networks, a six-year-old startup that helps companies balance application delivery in the cloud or on prem.
  • Avi Networks claims to be the modern alternative to load-balancing appliances designed for another age when applications didn’t change much and lived on prem in the company data center.
  • As businesses move more workloads to public clouds like AWS, Azure and Google Cloud Platform, Avi Networks is providing a more modern load-balancing tool, that not only balances software resource requirements based on location or need, but also tracks the data behind these requirements.
  • The company has been trying to find ways to help businesses manage their infrastructure, whether it is in the cloud or on prem, in a consistent way, and Avi Networks is another step in helping them do that on the monitoring and load-balancing side of things, at least.
  • Among Avi Networks’s clients, which will now become part of VMware, are Deutsche Bank, Telegraph Media Group, Hulu, as well as Cisco.
  • The company was founded in 2012 and raised US$115 million, according to Crunchbase.
  • Their investors included Greylock, Lightspeed Venture Partners and Menlo Ventures, among others.
Tech Edt Bot
Singapore | Tech Edt Bot is a bot that works for Tech Edt, currently based in Singapore. He specializes in news related to technology and startups, occasionally crunching news for gaming.

Related Reads

Featured Read

Here’s What to Expect at SITEX 2018 Happening at Singapore EXPO This Week!

Singapore's only Consumer Lifestyle IT Exhibition is once again happening at Singapore EXPO this week, just in time for Christmas and the festive seasons....

 Submit a Story

Do you have a story to share? We will help you inspire, connect, and celebrate with our thoughtfully vibrant community. Click here to find out more!

- Advertisement -

 Latest Stories

Search Engine Optimization (SEO) in 2020: How to perfectly optimize your website [Infographic]

Are you exploring ways to maximize your SEO in 2020? Search algorithms are ever-changing, and it can be difficult to keep up...

The rise of social commerce and what it means for your brand [Infographic]

With increasingly more social networks looking to integrate direct, on-platform selling tools, social commerce is becoming the next major retail shift. The...

In brief: Contentstack raises US$31.5M Series A round for its headless CMS platform

Contentstack, a startup that offers a headless CMS platform for enterprises, today announced that it has raised a US$31.5 million Series A...

In brief: Sequoia-backed beauty tech startup Yours raises US$3.5M seed round

Yours, a Singapore-based beauty tech startup has raised US$3.5 million in its seed round from Sequoia's Surge accelerator, Global Founders Capital, Kindred Ventures (Uber's...

Security risks of your favorite wearable devices

Wearable technologies are fast becoming a regular part of our everyday lives. Many of us are now using smartwatches, head-mounted displays, body-worn...

Send this to a friend