Atlantis Computing Raises $20 Million In Series D
Atlantis Computing is a company that optimizes the way that storage-intensive applications use data center storage when virtualized to reduce the amount of storage consumed. The company can also optimize the use of shared storage, boost performance, and reduce operational risks. Atlantis’ ILIO solution enables the deployment of the Virtual Desktop Infrastructure and virtualized XenApp with no physical storage. Atlantis has raised $20 million in Series D funding led by Adam Street Partners.
Atlantis’ previous investors Cisco Systems, El Dorado Ventures, and Partech International also invested in this funding round. Atlantis has raised a total of $35 million in funding thus far.
“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,” stated Atlantis Computing president and CEO Bernard Harguindeguy.
Atlantis Computing plans to use the funding to accelerate their global expansion. The company has over 250 customers and over 300,000 licenses of their desktop virtualization software has sold to date.