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Friday, July 3, 2020
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In brief: VMware intents to buy Avi Networks, the startup that raised US$115M

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Reading time: < 1 min read

  • 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.
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Source:TechCrunch
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