Oracle is ready to pay as much as $ 500 million for a startup Ravello Systems
One of the world's largest software developers, Oracle, buys Israeli company Ravello Systems for almost $ 500 million, Business Insider reports . For a startup, this is a significant amount. What Ravello interested in such a giant as Oracle?
Oracle, inspired by the examples of Amazon, Microsoft and Google, is developing its cloud business.
The Ravello platform analyzes applications and “normalizes” them, abstracting from the virtual machine on which they run. The hypervisor created in the company - HVX registers all characteristics of the application and recreates them in the new environment. The application itself "will not notice" the difference, no matter where it works - under the control of the VMware hypervisor, KVM or another.
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Israeli startup customers include Amdocs , Deutsche Telekom , McAfee , Red Hat , Symantec, and others.
Founded in 2011 by renowned high-tech entrepreneurs Beni Schneider and Rami Tamir, Ravello Systems is developing the effective use of cloud-based applications. The main shareholders of the company were venture funds Sequoia Capital and NVP, as well as its founders Beni Schneider and Rami Tamir, each of which will receive about $ 100 million from the sale. The direction in which the startup works is considered extremely promising. For five years, Ravello Systems has raised $ 54 million.
Among the company's investors are Bessemer Venture Partners , Qualcomm Ventures , SanDisk Ventures , Sequoia Capital , Vintage Investment Partners and others.
In 2015, Business Insider included Ravello Systems in the list of 27 best startups in the world.
The company has about 70 employees in Israel and in the USA. On the basis of Ravello Systems, Oracle intends to create in Israel a development center in the field of cloud applications, Oracle Public Cloud. According to the information on the Ravello website, all employees of the Israeli company will move to the state of Oracle.
Oracle has launched a new program - the Oracle PartnerNetwork (OPN) Cloud Program, which is designed to help the company's partners in the development of cloud business, ComNews reported on February 11. Qualifications in the new program will be based on such performance indicators as the adoption of cloud technologies, the successful implementation of cloud services, specialized cloud resources and knowledge, and more.
Oracle, inspired by the examples of Amazon, Microsoft and Google, is developing its cloud business.
The Ravello platform analyzes applications and “normalizes” them, abstracting from the virtual machine on which they run. The hypervisor created in the company - HVX registers all characteristics of the application and recreates them in the new environment. The application itself "will not notice" the difference, no matter where it works - under the control of the VMware hypervisor, KVM or another.
')
Israeli startup customers include Amdocs , Deutsche Telekom , McAfee , Red Hat , Symantec, and others.
Founded in 2011 by renowned high-tech entrepreneurs Beni Schneider and Rami Tamir, Ravello Systems is developing the effective use of cloud-based applications. The main shareholders of the company were venture funds Sequoia Capital and NVP, as well as its founders Beni Schneider and Rami Tamir, each of which will receive about $ 100 million from the sale. The direction in which the startup works is considered extremely promising. For five years, Ravello Systems has raised $ 54 million.
Among the company's investors are Bessemer Venture Partners , Qualcomm Ventures , SanDisk Ventures , Sequoia Capital , Vintage Investment Partners and others.
In 2015, Business Insider included Ravello Systems in the list of 27 best startups in the world.
The company has about 70 employees in Israel and in the USA. On the basis of Ravello Systems, Oracle intends to create in Israel a development center in the field of cloud applications, Oracle Public Cloud. According to the information on the Ravello website, all employees of the Israeli company will move to the state of Oracle.
Oracle has launched a new program - the Oracle PartnerNetwork (OPN) Cloud Program, which is designed to help the company's partners in the development of cloud business, ComNews reported on February 11. Qualifications in the new program will be based on such performance indicators as the adoption of cloud technologies, the successful implementation of cloud services, specialized cloud resources and knowledge, and more.
Source: https://habr.com/ru/post/298850/
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