VirtualLogix Inc.
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VirtualLogix Inc. - overview
Established
2002
Location
Sunnyvale, CA, US
Primary Industry
Software
About
VirtualLogix Inc. delivers advanced virtualization solutions that optimize application performance across various computing environments, focusing on sectors like telecommunications, automotive, and cloud computing. Founded in 2002 in Sunnyvale, US, VirtualLogix Inc. specializes in virtualization technologies.
The company underwent a significant change in 2010 when it was acquired by Red Bend Software, which aimed to enter the mobile virtualization market. VirtualLogix has engaged in five funding rounds, with the most recent being a Series B round in September 2010, where they raised USD 16. 00 mn, led by Molten Ventures alongside Atlas Venture, Index Ventures, and Intel Capital. The total amount raised by the company is USD 16.
00 mn, with a current valuation of USD 49. 33 mn. VirtualLogix Inc. specializes in providing advanced virtualization solutions that enhance application performance across diverse computing environments.
Their offerings enable seamless software integration across various hardware platforms, thereby improving resource allocation and scalability for enterprise clients. The company caters to sectors such as telecommunications, automotive, and cloud computing, focusing on critical applications like network function virtualization (NFV) and edge computing. Their client base spans North America, Europe, and Asia, serving both large enterprises and emerging tech firms seeking to improve operational efficiency through innovative virtualization technologies. VirtualLogix Inc.
generates revenue primarily through a subscription-based model, allowing businesses to access their virtualization solutions over time. The engagement with clients is facilitated through direct sales and B2B transactions, often involving customized agreements. Their pricing structure includes tiered subscription plans, ensuring flexibility and scalability as clients expand. Key services focus on performance optimization and resource management, establishing steady revenue streams and fostering long-term client relationships as businesses utilize VirtualLogix's solutions to enhance their operations.
Looking ahead, VirtualLogix Inc. plans to leverage its recent funding to enhance its product offerings and expand into new markets. Following the acquisition by Red Bend Software in September 2010, the focus will be on developing new virtualization products tailored for the mobile market to coincide with growing demand. Furthermore, the company aims to penetrate additional geographic regions to broaden its market presence, although specific markets and timelines for these initiatives have not been detailed.
Current Investors
Atlas Venture, Index Ventures, Cisco Systems
Primary Industry
Software
Sub Industries
Web Development, Connectivity Software
Website
www.virtuallogix.com
Company Stage
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Total Amount Raised
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