rPath Continues Momentum with Addition of $9.1M in Funding.Key Client Wins and Online Community Growth Drive Expansion RALEIGH, N.C. -- rPath, provider of the first platform for creating and maintaining software appliances A software environment that inclues the operating system and application. It is designed for installation in standard hardware that will be dedicated to running that single application. A "hardware appliance" is the software appliance and computer packaged as a single product. , today announced several milestones that highlight continued acceleration of software appliances as the most important emerging category for software application distribution and sales. $9.1 million venture funding The company's recent closing of a $9.1 million round of venture financing is the second vote of support from the company's existing backers. Investors in the Series B round are General Catalyst, North Bridge Venture Partners, and Wakefield Group. The company plans to use this new capital to expand its market leading position as the provider of technology for creating and maintaining software appliances. "Interest in software and virtual appliances An operating system and application designed for a virtual machine (VM) environment. The virtual appliance is packaged as a pre-installed system image for the particular hardware environment it is intended for, such as VMware, Xen or Microsoft's Virtual Server. has exploded over the last year, and we are thrilled to be part of the driving force behind this revolution," said Billy Marshall, rPath founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We will continue to drive software appliance innovations that enable application providers to grow license sales and serve new markets." Software appliances represent a new opportunity for Independent Software Vendors (ISVs) to increase new license sales, serve new markets, and expand channel opportunities by simplifying the customer experience. With software appliances, ISVs can ship thoroughly tested, standard configurations that require minimal installation and maintenance effort - sparing customers the complications of installing and maintaining multiple components to run the application. Software applications that are easier to install and maintain are also easier to sell. Numerous Customer Wins Since launching rBuilder in February 2006, rPath has signed numerous clients including Digium, Ingres, agami, Newbury Networks, Zimbra, and the US Department of Energy. Scott Dietzen, President and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. at Zimbra states, "rBuilder allows us to quickly and cost- effectively create a range of new software package distributions that enable us to reach the largest audience. At Zimbra, we wanted to ensure that our innovations are available to administrators who are looking to run or test our software on a virtual, Linux or Mac server." Surge in Downloads, New Projects, & Users rBuilder Online (rBO), rPath's community for developers, grew to over 250,000 downloads in 2006. With over 5,000 projects and 8,000 users, the community has become the most active catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. for software and virtual appliances in the industry. rBuilder Online offers software and virtual appliances in numerous categories including content management, VOIP (Voice Over IP) A digital telephone service that uses the public Internet as well as private backbones instead of the traditional telephone network. Many companies, including Vonage, 8x8 and AT&T (CallVantage), typically offer calling within the country for a , CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , network management, Wiki management, photo sharing Photo sharing is the publishing or transfer of a user's digital photos online, thus enabling the user to share them with others (whether publicly or privately). This functionality is provided through both websites and applications that facilitate the upload and display of images. , collaboration and many more. Experience the simplicity of software appliances today at www.rpath.com/rbuilder. Market Analyst Firm Predicts Growth A recent report by IDC titled "Worldwide System Infrastructure Software 2007 Top 10 Predictions (a)", projects that Software Appliances will become a household word over the coming year. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Al Gillen, research vice president of system software for IDC and co-author of this report, "The convergence of virtual machines and a new initiative by several tool vendors is giving birth to this new form of software packaging." Industry Accolades rPath added The Linux World Grid Computing grid computing, the concurrent application of the processing and data storage resources of many computers in a network to a single problem. It also can be used for load balancing as well as high availability by employing multiple computers—typically personal Award to its growing list of endorsements by technical and business organizations. Those awards include: "One to Watch", Forbes Sneak Peak 2007 "Startup of the Year 2006", NC Center for Entrepreneurial Development "Top 10 Open Source Companies to Watch", NetworkWorld '06 "Best Systems Management Tool", LinuxWorld '06 "Best Grid/Utility Computing Solution", LinuxWorld '06 Finalist, "Best Virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used. Hardware Virtualization Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer. Solution", LinuxWorld '06 Finalist, "Best Open Source Solution", LinuxWorld '06 Finalist, "Red Herring's Top 100 in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. " '06 Finalist, "Early Stage Company of the Year", NC Technology Association '06 "One to Watch", Open Source Business Conference West '06 About rPath rBuilder and rPath Appliance Platform transform applications into software appliances. Software appliances simplify server applications by eliminating the hassles of installation, configuration, and maintenance. Independent Software Vendors (ISVs) can expand their markets and simultaneously reduce development and support costs by adopting the software appliance approach. rPath is also the first and only company to automate support for all the major virtualization formats. The company is headquartered in Raleigh, North Carolina For other uses of this name, see Raleigh. Raleigh (IPA: /ˈrɑli/, ral-ee) is the capital of the State of North Carolina and the county seat of Wake County. . For more information, visit http://www.rpath.com. (a) IDC, Worldwide System Infrastructure Software Predictions for 2007 Top 10 Predictions, Doc 204567, Dec 2006 |
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