Welcome!

@CloudExpo Authors: ManageEngine IT Matters, Elizabeth White, Liz McMillan, Yeshim Deniz, Stackify Blog

Related Topics: Containers Expo Blog, @CloudExpo

Containers Expo Blog: News Item

Abiquo Opens U.S. Headquarters with $5.1M in New Funding

The company has previously been operating in semi-stealth mode from its founding location in Barcelona, Spain

Abiquo, a leading developer of infrastructure management software for cloud computing environments, on Tuesday announced its launch as a U.S.-based company with $5.1 million in total new funding.

The company has previously been operating in semi-stealth mode from its founding location in Barcelona, Spain.

The funding will be used to rapidly expand its worldwide presence, grow its executive and sales and marketing teams headquartered in Redwood City, California, and increase its product development.

The funding includes a venture debt line worth $1.36 million from Kreos Capital, Europe’s leading and largest venture debt provider

Register Today and Save $550 !
Explore Sponsorship Opportunities !

This additional funding expands on the company’s recently announced investment by Spain’s Nauta Capital and Caja Navarra (see release Abiquo closes €1.5M Series A funding and appoints Pete Malcolm as CEO). The state of Catalonia and the federal government of Spain also contributed $1.53 million in grants and soft loans, and angel investors contributed the remaining portion.

Abiquo is the first major software provider offering enterprises a complete, hypervisor-agnostic, open source cloud infrastructure management solution designed to change the way IT organizations operate their virtualized environments, making them more elastic and cost-effective to run (see release New Abiquo Cloud Management Product First to Offer Integral VMware-to-Microsoft Hyper-V Conversion).

The company also announced the appointment of Trevor Chamberlain as vice president of Business Development. Chamberlain previously held the same role at PSS Systems, a leading provider of information governance solutions. Prior to that, he spent eight years at Orchestria Corporation (founded by Abiquo CEO Pete Malcolm) in a variety of senior marketing, sales, and business development roles.

“After years of virtualization sprawl, enterprises have struggled to manage their virtualized infrastructures, causing explosive development in the rapidly expanding private and public cloud management market,” said Pete Malcolm, CEO, Abiquo. “Our complete infrastructure management solutions have been tested extensively by the open-source community, with more than 15,000 downloads, and by a number of Global 1,000 enterprises. This provides companies a proven platform to solve all aspects of their cloud management challenges, which range from creating public and private clouds, to provisioning IT resources, to automatically scaling applications on-demand. Unlike competitive products, Abiquo’s platform leverages a simple and easy-to-use graphical user interface and offers concurrent support of all major hypervisors – avoiding vendor lock-in for the customer.”

“Over the past few years, the cloud has moved from hype to reality. Emerging upstarts and large companies alike have made moves through partnerships and mergers and acquisitions to shore up a leadership position in the hotly contested cloud infrastructure management sector,” said Ross Alghren, general partner, Kreos Capital. “At the same time, open source software adoption has seen tremendous growth as more and more companies look to reduce costs while still maintaining strong IT innovation. We believe the Abiquo team, with its management, sales and marketing in the United States, and development in Spain, is uniquely qualified to bring the best of performance and cost benefits to enterprises that may be reluctant to deploy private and public cloud-based architectures without the support of a well-funded commercial company.”

“We see tremendous opportunities moving our headquarters to the United States, where the cloud infrastructure market is maturing due to pent-up demand for better cloud management solutions,” said Diego Mariño, founder and vice president, Community Solutions, Abiquo. “The competitive landscape is changing quickly and we believe the private, public cloud market is the next big opportunity for open source solutions. This move, coupled with the right team, added funding, and exceptional technical experience positions Abiquo to become a global player in this large and fast growing market sector.”

More Stories By Pat Romanski

News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

@CloudExpo Stories
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, w...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, will motivate why realizing the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insigh...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developers ...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
As enterprise cloud becomes the norm, businesses and government programs must address compounded regulatory compliance related to data privacy and information protection. The most recent, Controlled Unclassified Information and the EU’s GDPR have board level implications and companies still struggle with demonstrating due diligence. Developers and DevOps leaders, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by in...
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
In his session at 20th Cloud Expo, Brad Winett, Senior Technologist for DDN Storage, will present several current, end-user environments that are using object storage at scale for cloud deployments including private cloud and cloud providers. Details on the top considerations of features and functions for selecting object storage will be included. Brad will also touch on recent developments in tiering technologies that deliver single solution and an end-user view of data across files and objects...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.