Sunday, August 30, 2015

AirVM Raises $8.0 for Cloud Enablement for VMware

AirVM, a start-up based in Ottawa, announced  $8.0 million in Series A funding for its cloud-enablement software.


AirVM's AirSembly software is a cloud management platform purpose-built for VMware to make it easier for service providers to sell, provision, manage, and bill for cloud services.

The funding was led by RHO Canada Ventures, joined by Build Ventures, and current investor Wesley Clover.

“AirVM has grown tremendously in 2015, and as we continue to add new partners, this Series A financing ensures ongoing innovation and growth to meet the demands of the cloud industry,” said Joshua Vautour, CEO and founder of AirVM. “We will continue to build on our momentum as the leading VMware cloud management platform company and expand into new markets.”

http://www.airvm.com

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