HotLink Corp. said it secured $10 million in Series A financing in a deal led by Foundation Capital and joined by Leapfrog Ventures. The Sunnyvale, Calif., company used the occasion to emerge from stealth with its SuperVISOR technology platform designed to let data centers mix and match hypervisors.
HotLink Emerges With $10M Series A
Founded by former FastScale Technology executives, the company secures $10 million Series A financing led by Foundation Capital
SUNNYVALE, Calif. – August 9, 2011 – HotLink® Corporation, emerging from stealth to revolutionize system management of heterogeneous computing, today announced it has secured $10 million in Series A financing led by Foundation Capital with participation from Leapfrog Ventures. The company’s HotLink SuperVISOR™ technology, which was also announced today, is an enterprise-class virtual integration and transformation platform spanning all major virtual infrastructures VMware vSphere, Microsoft Hyper-V, Citrix XenServer and Red Hat Enterprise Linux (KVM). HotLink SuperVISOR is the first data center solution built with unique platform transformation technology that abstracts virtual infrastructure so enterprises can mix and match hypervisors using their existing management consoles. Enterprise customers include companies in technology, financial services, telecommunications and Internet search.
HotLink was founded in early 2010 and is led by CEO Lynn LeBlanc, a serial entrepreneur with an extensive career in enterprise software. Prior to HotLink, Ms. LeBlanc was CEO and founder of FastScale Technology, which was acquired by EMC Corporation in September 2009 and subsequently by VMware, Inc. Co-founder and vice president of engineering, Richard Offer, holds multiple patents in data center management and was also co-founder and vice president of engineering at FastScale. The executive team of HotLink also includes Oded Haner, CTO, and Laila Danielsen, vice president of sales.
“Enterprise data centers have always deployed heterogeneous infrastructure, yet there has been a profound lack of innovation to address the fundamental issue of incompatible software platforms,” said LeBlanc. “HotLink is attacking this problem from the bottom up, delivering the first transformation platform that eliminates the barriers to hypervisor interoperability. We look forward to working with Foundation and Leapfrog to deliver this first-of-a-kind technology and provide data centers with a scalable approach to heterogeneous infrastructure.”
“Our firm has extensive experience in information technology and complex data center solutions, and we are extremely impressed with the robust vision and strong track record of the HotLink team. Cracking the code on the interoperability of software platforms is a game changer for the IT industry,” said William B. Elmore, general partner, at Foundation Capital. “We look forward to working with Lynn and the management team to bringing this transformational technology to market to fill this longstanding and significant technical void.”
Both Elmore and Leapfrog Ventures director Andy Fillat have joined the HotLink board of directors.
About Foundation Capital
Foundation Capital provides mentorship, business expertise and capital to idea-driven entrepreneurs who seek to change the world by building great companies. We are entrepreneurs ourselves, and that spirit gives us a unique ability to help promising companies from idea and start-up through rapid growth and maturity. Investments span consumer Internet and infrastructure, telecommunications, networking, enterprise software, on-demand services and cleantech.
About Leapfrog Ventures
Founded in 2000, Leapfrog Ventures focuses on early stage companies in information technology, consumer internet, telecommunications, and software. The partners at Leapfrog have extensive technology operating backgrounds, allowing them to help entrepreneurs maximize their chances for success. The firm is currently investing out of its second fund.
About HotLink Corporation
Founded in early 2010 by data center software veterans and the founders of FastScale Technology, Inc. (acquired by VMware), HotLink Corporation is on a mission to transform real-world IT with the first true heterogeneous data center system management platform for virtual, cloud and physical computing infrastructure. Early customers include enterprise IT organizations spanning technology, financial services, telecommunications and Internet search. HotLink’s advisory board includes visionary leaders from Informatica, McAfee, E*TRADE, eBay, Polycom, Citrix, BMC and Flextronics. HotLink is a privately held, venture capital backed company based in Sunnyvale, California. For more information, visit www.hotlink.com.