Welcome!

@CloudExpo Authors: Pat Romanski, Elizabeth White, Liz McMillan, Yeshim Deniz, Zakia Bouachraoui

News Feed Item

Bessemer Venture Partners Invests in Anunta, an Application Delivery as a Service Company

MUMBAI, INDIA -- (Marketwire) -- 02/13/13 -- Bessemer Venture Partners announced today that it has extended Series A financing to Anunta Technology Management Services, an Application Delivery as a Service company. Founded by Ananda Mukerji, founding CEO of Firstsource Solutions and Sanjiv Dalal, ex-CTO of Firstsource Solutions and a serial entrepreneur in the technology space, Anunta focuses on application performance in virtualized environments. The financing will help Anunta build its product platform in its entirety, boost sales and marketing, and sell globally.

Mukerji and Dalal are veterans in the technology space and have pioneered the art of selling products and services in a B2B environment. Anunta already has some leading private sector banks, financial institutions and business services companies as customers. Post deployment, Anunta's clients have seen 15 to 25 percent cost savings and significant improvements in end-user satisfaction with trouble tickets coming down by 90 percent through automated resolution by Anunta's product platform.

"We are excited about the potential of cloud computing and server and desktop virtualization. SMBs and large corporates have begun to adopt new age technologies and are looking at ways to cut cost and improve application performance," said Vishal Gupta, Managing Director of BVP India. "CIOs are expected to deliver high performance at lower costs and Anunta's platform helps companies achieve this by managing costs, increasing productivity and guaranteeing end-user satisfaction."

"We are delighted to have Bessemer as an investor in the company. Bessemer has in-depth understanding of this space. Globally, they have invested in such technologies and have seen their investee companies grow into large companies," said Sanjiv Dalal, CEO and co-founder of Anunta Technologies. "We consider their investment a validation of our business proposition and approach and expect to benefit from the expertise they bring in building high quality technology companies."

BVP has demonstrated success in this space by virtue of being investors in Parallels and GFI Teamviewer.

About Bessemer Venture Partners
With $4.0 billion under active management, Bessemer Venture Partners is a global venture capital firm with offices in Silicon Valley, Boston, New York, Mumbai, Bangalore and Israel. Bessemer delivers a broad platform in venture capital spanning industries, geographies, and stages of company growth. From Staples to Skype, VeriSign to Yelp, LinkedIn to Pinterest, BVP has helped incubate and support companies that have anchored significant shifts in the economy. More than 100 BVP-funded companies have gone public on exchanges in North America, Europe, and Asia. See www.bvp.com or follow BVP on Twitter: @bessemervp

About Anunta
Anunta is a cloud generation IT services company that has developed a unique "Application Delivery as a Service" (ADaaS) offering on its own proprietary platform. Anunta designs cloud-based application delivery architectures, provides on-going management and delivers services on a pay per user billing model with guarantees on end-user experience. Anunta's solution has proven business benefits like improving employee productivity, lowering cost of application delivery and, simplifying IT management to make it more agile and scalable. See www.anuntatech.com or follow Anunta on Twitter: @anuntatech

For more information contact:
Allison Brady
Atomic PR for Bessemer Venture Partners
Email Contact

Vrinda Walavalkar
Email Contact
Phone: +91 (22) 6151 5137
Mobile: +91 (22) 98201 83933

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

CloudEXPO Stories
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addressed the challenges of scaling document repositories to this level; architectural approaches for coordinating data; search and storage technologies, Solr, and Amazon storage and database technologies; the breadth of use cases that modern content systems need to support; how to support user applications that require subsecond response times.
A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to great conferences, helping you discover new conferences and increase your return on investment.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will detail these pain points and explain how cloud can address them.
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure using the Kublr platform, and how Kubernetes objects, such as persistent volumes, ingress rules, and services, can be used to abstract from the infrastructure.