✉news TechnologySoftware first seen 23 h ago, last 10 h ago, peak #12
Vates Raises €30 Million To Expand Open-Source Virtualization Platform
Original: Vates Raises €30 Million To Accelerate North American Growth And Open-Source Virtualization Platform
French open-source virtualization company Vates has raised €30 million in new funding, which it says will be used to accelerate its growth in North America and further develop its virtualization platform. The company positions itself as an open-source alternative in a market dominated by proprietary providers, particularly amid ongoing customer concern over Broadcom's licensing changes at VMware.
Why now: Businesses are actively seeking alternatives to VMware, making funding news for an open-source virtualization vendor timely and relevant.
Rank over time, top of the chart is #1. 10 snapshots from 23 h ago to 10 h ago.
Evidence
- Vates Raises €30 Million To Accelerate North American Growth And Open-Source Virtualization Platform · Pulse 2.0
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