Former XenSource Vets Launch Convergent-io, Raises Series A from Andreessen Horowitz

Cloud computing startup Convergent-io announced it raised a $10 million Series A round from Andreessen Horowitz. The startup–which was founded by veterans of XenSource, which was bought by Citrix five years ago–develops cloud-based storage infrastructure. Peter Levine, general partner of Andreessen Horowitz, has joined the board. The company reportedly raised a $1.2 million seed-stage round of funding from Andreesem Howorwitz, Ignition Partners and company co-founders, according to this report.

PRESS RELEASE

Convergent.io Secures $10M Series A Funding from Andreessen Horowitz for Software-Defined Storage Networking

Top virtualization and storage experts secure funding from leading venture capital firm to deliver integrated software-defined storage networking solution

San Jose, CA – August 23, 2012 – Convergent.io (www.convergent.io), an enterprise infrastructure startup, today announced it has closed a $10 million series A round of funding with Andreessen Horowitz. The company is developing a disruptive storage technology that combines the flexibility of a software approach to redefine enterprise storage resources and storage networking with the economics of high-performance, commodity hardware to help customers realize the vision of the software-defined datacenter. The round was financed entirely by venture capital firm Andreessen Horowitz, known for its expertise in infrastructure software and storage.

“We expect storage networking to undergo a fundamental transformation as datacenters realize their full potential as software-defined infrastructures,” said Peter Levine, general partner at Andreessen Horowitz and new member of the Convergent.io board of directors. “Storage networking is likely to be the next shift in enterprise infrastructure, and the Convergent.io team, which is made up of experts who have helped to lead and define previous trends in virtualization and storage software, will be the one to propel us forward.”

Founded by XenSource veterans, Andrew Warfield, Keir Fraser, and Ramana Jonnala, Convergent.io is dedicated to freeing customers from the cost and complexity of managing traditional, monolithic storage infrastructure with an integrated software-defined storage and networking model that abstracts configuration and functionality from the underlying hardware while making use of innovative storage networking integration.

Ramana Jonnala, CEO and Co-Founder of Convergent.io, explains, “We are building a solution that enables customers to make better use of both existing hardware investments and new storage technology with an integrated storage and networking architecture that scales and performs based on customers’ changing data and application needs.”
Follow Convergent.io on Twitter @convergentio

About Convergent.io
Comprised of a founding team with decades of deep storage and virtualization experience, Convergent.io is an enterprise infrastructure startup redefining how storage resources and networking are delivered in the software-defined datacenter for rapid flexibility and high-performance. Based in Silicon Valley and Vancouver, BC, Convergent.io is assembling a world-class team of storage, networking and virtualization architects, engineers and UX developers.  For more information, visit www.convergent.io.

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