SOURCE: Atlantis Computing

Atlantis Computing

May 15, 2013 07:30 ET

Atlantis Computing Raises $20 Million Funding Round

New Investor, Adams Street Partners, Leads Funding for Leader in Data Center Storage Optimization

MOUNTAIN VIEW, CA--(Marketwired - May 15, 2013) - Atlantis Computing™, the award-winning leader in data center storage optimization solutions, announced today the completion of a $20 million Series D financing round led by new investor Adams Street Partners. Previous investors Cisco Systems, 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 is behind the largest and most successful desktop virtualization deployments in the world. 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. Learn more at: http://www.atlantiscomputing.com/pr_20130226b.

"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. Today, Atlantis ILIO is the only solution on the market that enables both Virtual Desktop Infrastructure (VDI) and virtualized XenApp to run entirely in-memory without physical storage. Atlantis ILIO will be available soon for cloud-scale deployments of virtual servers such as databases, collaboration and mail servers.

Earlier this year, Atlantis Computing released Atlantis ILIO Persistent VDI 4.0, the first solution that enables Citrix XenDesktop and VMware View customers to deliver persistent virtual desktops that are cheaper and faster than physical PCs right away while using their existing images, tools and processes. To view the product press release: http://www.atlantiscomputing.com/pr_20130226.

About Atlantis Computing
Atlantis Computing, winner of the prestigious Best of VMworld and Best of Citrix Synergy awards, addresses the challenges of storage-intensive applications in private and public clouds: performance, cost, disaster recovery, and the ability to scale-out on demand. Atlantis ILIO software complements virtualization solutions from Citrix, Microsoft and VMware to optimize the use of data center storage by virtualized desktops and servers, automate large scale deployment and management, and lower implementation risks. Atlantis Computing is privately held and funded by Adams Street Partners, Cisco Systems, El Dorado Ventures and Partech International, with headquarters in Mountain View, California and offices in Europe. For more information, visit: www.atlantiscomputing.com or follow us on Twitter @AtlantisILIO.

About Adams Street Partners
Adams Street Partners is one of the largest managers of private equity investments for institutional investors around the world with more than $25 billion in assets under management. The firm operates as one cohesive global team, integrating expertise in three disciplines: primary, secondary and direct investments. Adams Street has a comprehensive perspective on the industry through its established relationships and experience in the private equity industry. Over the past four decades, the team at Adams Street has grown to 120 individuals based in five offices around the world -- Chicago, London, Menlo Park, Beijing and Singapore. For more information, visit: http://www.adamsstreetpartners.com.

Atlantis Computing, Atlantis ILIO and Atlantis ILIO Diskless VDI, In-Memory VDI, Atlantis ILIO for XenApp, Atlantis ILIO FlexCloud and Atlantis ILIO Persistent VDI are trademarks of Atlantis Computing, Inc. All other trademarks and registered trademarks are the property of their respective owners.

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