Event Information:

  • Wed

    SnapVolumes Secures $2.3 Million Seed Financing to Redefine Application Deployment and Management of Virtual Desktops, Servers

    SnapVolumes Secures $2.3 Million Seed Financing to Redefine Application

    Deployment and Management of Virtual Desktops, Servers and Cloud Computing

    Founded by technologists with deep expertise in solving complex virtualization
    and Windows challenges; well-known industry executives participate in angel

    Business Wire

    LOS ALTOS, Calif. -- November 07, 2012

    SnapVolumes, Inc., a new company focused on application lifecycle management
    in virtual, cloud and physical environments, has emerged from stealth mode
    today with an angel investment of $2.3 million from well-known industry
    executives. Founded by virtualization, Windows kernel and security experts,
    Matthew Conover, Shaun Coleman and Matthieu Suiche, SnapVolumes focuses on the
    issues of supporting a mixed environment of virtual desktops, servers and
    cloud computing while fully leveraging the virtual infrastructure.

    As more companies move to the cloud, IT departments are struggling to adapt
    their enterprise applications to the dynamic and elastic nature of cloud
    computing. Traditional tools that managed applications in the world of
    physical servers and desktops are ill-suited for virtual environments. This
    leads to substantial overhead and costs associated with application
    deployment, support, management, storage and infrastructure. A recent analyst
    report predicts a virtualization management gap in excess of $100 billion and
    growing at an unprecedented rate, increasing pressure on IT and the need for
    automating application deployment and management. To address market needs,
    SnapVolumes has developed an entirely new approach to enterprise application
    life-cycle management that takes full advantage of virtualization and modern
    storage technologies such as SSD. SnapVolumes supports all server, desktop and
    custom/legacy applications without requiring streaming, packaging, or
    sequencing and is far more robust than current layering solutions.

    SnapVolumes is led by CEO Raj Parekh, former CEO of Virident and CTO/VP,
    Engineering at Sun Microsystems. SnapVolumes has already attracted top
    engineering talent from VMware, Citrix, EMC, Symantec, Microsoft and Trend
    Micro. The SnapVolumes Board of Directors is drawn from business leaders and
    technologists with extensive experience in virtualization and cloud computing,
    and include Henrik Rosendahl, successful serial entrepreneur and CEO of
    Thinstall (acquired by VMware in 2008); Klaus Oestermann, Group VP, GM of
    Cloud Networking at Citrix Systems; and, Prashant Shah, former Managing
    Director at Hummer Winblad Venture Partners. Participants in the angel round
    include TiE Angels of Silicon Valley and industry executives and visionaries
    such as the founder and former CTO of Brocade Kumar Malavalli, SVP of
    Technology at SAP Labs Sanjog Gad, and the CEO of Infoblox Robert Thomas.
    Executives from Symantec, EMC, Citrix, and TIBCO also participated in the

    “SnapVolumes has the potential to fundamentally change the way that enterprise
    desktops, server and cloud platforms are managed,” said Simon Bramfitt,
    founder and principal analyst with Entelechy Associates. “The ability for IT
    to easily adapt their enterprise applications to the dynamic and elastic
    nature of cloud computing is a remarkable benefit. SnapVolumes technology is
    the closest thing to magic I’ve ever seen.”

    “The opportunities for SnapVolumes from both a technology and partnership
    perspective are exciting, and I look forward to being involved with such a
    distinguished team and group of advisors,” said Rosendahl, Chairman of the
    Board, SnapVolumes. “My experience at Thinstall and VMware in application
    delivery and virtualization provided me with unique insight into the issues
    that can arise in a converged infrastructure environment. I believe
    SnapVolumes is in a strong position to help solve these new-world data center

    SnapVolumes’ executive team brings extensive experience in virtualization and
    software development:

    * Chief Executive Officer Raj Parekh – co-founded Virident Systems in 2006
    and served as CEO and Chairman. A well-respected technologist, Raj has
    been a member of the senior business and technology executive teams of
    high technology companies including Sun Microsystems as CTO and Vice
    President of Engineering of all system products, and as Vice President and
    General Manager of Java products for Sun Microsystems. Before joining Sun,
    Raj was Vice President and General Manager at Silicon Graphics managing
    all chip development including “Geometry Engine” and several system
    products. Raj also co-founded Redwood Ventures served as Executive
    Managing Partner and Chairman. Raj has served as board member and/or
    Chairman of the board at more than 15 high tech companies, including
    Magma, Niksun, Pranalytica, eGtran, Virident, TiE Angels, PubNub and
    Aspex. He holds 11 issued patents.

    * Chief Technology Officer and Founder Matthew Conover – former Technical
    Director for Symantec Research Labs, where he was a major contributor to
    the company’s virtualization strategy. Prior to his eight years at
    Symantec, Conover held various research and engineering roles at Network
    Associates and BindView. As an early pioneer in the field of Windows
    security his research has been cited in numerous publications such as
    “Writing Secure Code” by Microsoft Press. He holds 16 issued patents.

    * Vice President of Products/Marketing and Founder Shaun Coleman – formerly
    Director of Product Management for Citrix XenDesktop, Coleman has also
    worked at VMware where he was the first hire in the desktop virtualization
    group where he managed the first releases of VDI/VMware View. He founded
    the security startup company Reconnex (acquired in 2008 by McAfee) and has
    held various senior management positions at Proofpoint, RSA Data Security,
    Lawrence Livermore National Labs, and Sandia National Labs. Coleman holds
    4 issued patents.

    * Chief Scientist and Founder Matthieu Suiche – As one of the youngest
    Microsoft MVPs, he is a well-respected Windows OS and security expert. He
    also worked as a researcher at the Netherlands Forensic Institute (Dutch
    Nederlands Forensisch Instituut) as part of the Dutch Ministry of Security
    and Justice, has worked for the European Aeronautic Defense and Space
    Company, and contributed to the Samba open source project.

    “Running many virtual machines on a single server has greatly reduced the
    number of physical servers needed, giving an enormous CAPEX savings. However,
    OPEX continues to increase proportional to total number of VMs,” said Parekh.
    “The problem of application management is obviously in need of a new solution.
    Without that, the ever expanding virtualization management gap will simply
    stall cloud momentum. Such a solution must be fully automated, fit seamlessly
    with all clouds, hypervisors, operating systems and apps. It must be secure,
    easy to use and fit with existing tools from major players like VMware,
    Citrix, Dell and Microsoft. There exists no such product in the market today
    with these attributes. At SnapVolumes, we are developing a patent-pending
    solution to address critical issues, reduce CIO headaches and save millions of
    dollars in operational expenses ‘in a snap.’ Due to the size of the
    opportunity and urgent need from customers, we plan to form key partnerships
    with industry leaders as we complement their solutions.”

    For more information about SnapVolumes and their new beta program, contact
    or call 888-369-5597 or go to

    Follow SnapVolumes on the web at:

    * Beta sign up

    * Twitter

    * LinkedIn

    About SnapVolumes

    SnapVolumes was founded in early 2011 to provide IT with a new approach to
    enterprise application life-cycle management that takes full advantage of
    virtualization, supports legacy applications, eliminates the need for
    re-architecting or rewriting existing software, and works with existing
    management solutions. The company is headquartered in Los Altos, California.
    For more information, visit


    Heather Fitzsimmons, 650-279-4360