Virtustream, a Bethesda, Maryland-based enterprise class cloud software and Infrastructure as a Service (IaaS) provider, received a subordinated term loan from ORIX Ventures.
The company intends to use the funds for product enhancements and expansion across new geographic markets and industry verticals.
Led by CEO Rodney Rogers, Virtustream provides enterprises, governments and service providers with cloud solutions to move complex production applications to the cloud, whether private, public or hybrid. It offers xStream, which is a cloud management software for private/public/hybrid clouds, and the Virtustream Cloud, which provides Infrastructure as a Service (IaaS) to enterprises.
Both xStream and the Virtustream Cloud deliver cloud efficiency for mission critical applications (SAP, Oracle, Microsoft, etc.).
The company owns data centers in the U.S. and EMEA; operates an international Cloud Exchange, SpotCloud; has offices in San Francisco, Atlanta, New York, Washington D.C., Toronto, London, Dubai, Saudi Arabia and has partners in Asia and China.
FinSMEs
01/05/2013