Navigation Links
PHD Virtual Technologies Announces Citrix Investment
Date:5/20/2010

PHD Virtual Announces Joint Investment by Citrix and Insight Venture Partners

Philadelphia, PA (Vocus) May 20, 2010 -- PHD Virtual Technologies, pioneer and innovator in backup and recovery for virtual machines, announced today that it has signed an investment agreement with Citrix Systems, a leading provider of virtual computing solutions that help companies deliver IT as an on-demand service . In coordination with the arrangement, Insight Venture Partners made an additional funding investment. Terms of the agreement were not disclosed.

"PHD Virtual Technologies is a prime addition to the rapidly growing XenServer ecosystem with the recent expansion of its enterprise-class backup and recovery offerings to include Backup for Citrix XenServer,” said Andy Cohen, senior director of strategic development, Citrix. “The technology and team make PHD Virtual Technologies a strong partner and attractive investment opportunity. We look forward to working with them to meet the needs of joint customers and continue to grow our opportunities in the server virtualization market.”

“As our customers virtualize increasingly critical workloads, they want the flexibility of a heterogeneous hypervisor environment and scalable systems management tools. The business objectives of the Citrix XenServer Product Group and PHD Virtual are very much aligned,” said Thomas Charlton, Chairman and CEO of PHD Virtual Technologies. “We will use this financing event to accelerate our worldwide expansion and capitalize on the market opportunity that exists for our technology in XenServer and XenDesktop deployments.”

“We are happy to have Citrix join PHD Virtual as shareholders and strategic partners. XenServer and XenDesktop are both growing very strongly and have tremendous growth potential in the virtualization market,” said Michael Triplett, Managing Director, Insight Venture Partners. “We are pleased to extend PHD Virtual's unique software architecture, and best-in-class backup and disaster recovery for virtual environments to support both XenServer and XenDesktop.”

PHD Virtual has just announced their new Backup for Citrix XenServer® product which builds on the robust legacy of the award-winning esXpress 4.0. PHD Virtual’s products are the only enterprise data protection solutions that operate independent of the hypervisor offering greater stability and more security. Customers got their first look at the new XenServer product during the recent Citrix Synergy™ in San Francisco.

Using PHD Virtual Backup for Citrix XenServer, customers will enjoy the benefits of

 
  • The fastest and most cost effective backup that minimizes storage requirements
  • The most reliable solution for data integrity with source side deduplication and enhanced self healing backups
  • And since PHD Virtual’s products already support XenDesktop®, leveraging the same solution across their virtual environment.
PHD Virtual Backup for Citrix XenServer will be commercially available in September.

About Insight Venture Partners
Founded in New York in 1995, Insight Venture Partners is a leading growth-oriented, entrepreneur-focused private equity and venture capital firm focused on expansion and late stage investments in the global software, Internet and data services industries. Insight’s team is composed of experienced investors and operating executives with more than 150 years of collective experience in its focal industries. With over $3 billion raised since inception and a large network of technology experts, Insight provides strong support to its portfolio companies. In 2009, Insight was named among the Top Ten VCs Globally by Red Herring Magazine. www.insightpartners.com

About PHD Virtual Technologies
Delivering the highest performance and most scalable cross platform backup solution on the market and pioneer of Virtual Backup Appliances (VBAs), PHD Virtual Technologies has been transforming data protection for virtual IT environments since 2006. Its award-winning data protection solution, esXpress, is used today by more than 2,000 enterprises worldwide to achieve unlimited scalability, high availability and cost effective backup and restore solutions for virtual machines. PHD Virtual also provides a suite of free virtualization utilities to assist with the administration and management of virtualized environments. For more information, please visit www.phdvirtual.com.

Citrix®, Citrix Synergy™, XenDesktop® and XenServer® are trademarks of Citrix Systems, Inc. and/or one or more of its subsidiaries, and may be registered in the U.S. Patent and Trademark Office and in other countries. All other trademarks and registered trademarks are property of their respective owners.

For further information, please contact:
Melissa Klein
PHD Virtual Technologies
267.298.5356

###

Read the full story at http://www.prweb.com/releases/2010/05/prweb4026484.htm.


'/>"/>
Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved

Related medicine news :

1. Virtual Global Launches Cloudipedia.com to Help Cloud Computing Newbies
2. Virtual Colonoscopy a Good Bet for Elderly
3. Ifbyphones Virtual Call Center Software Saves DiabetesAmerica Over $240,000 Per Year
4. Half-Million Doctors Beg Senate to Kill the Bill - Virtual News Conference by Coalition of More Than 40 Medical Groups Sunday, 2 pm EST; Sweetheart Deals Punish Patients in Other States
5. Left/Right Healthcare Virtual Vigil Tonight at 9 PM Until Senate Votes; Broad Coalition Says Punishes Some States, Windfall for Insurance Companies
6. Sudden Cardiac Arrest Foundation Launches First Virtual Affiliate
7. Long Island Plastic Surgical Practice - the Largest in the U.S. - Opens Virtual Doors on a New, State-of-the-Art Website
8. First Global, Virtual Summit on Cognitive Health and Performance Features 200 Sharp Brains
9. Virtual Global Highlights Top Ten Misconceptions about Cloud Computing
10. Virtual reality and other technologies offer hope
11. New Virtual Program for Parents of Children with ADD / ADHD
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/23/2017)... ... February 23, 2017 , ... Healthcare ... for those in the fight against cancer, has produced a seminal study that ... HRA will release top-line findings in a webinar, Defining Compassionate Care Through the ...
(Date:2/23/2017)... ... , ... CALNOC, the nation’s first and only nursing quality indicators database today ... Value and Collaboration – in Seattle, WA on October 23, 2017. , Dr. Gary ... in Seattle since 2000. In addition to his role at Virginia Mason, Dr. Kaplan ...
(Date:2/23/2017)... ... 23, 2017 , ... HealthPostures, the desk for standing designer headquartered in Prior ... to the Minneapolis Home and Garden Show which is being held February 24 through ... attention is the Minneapolis Convention Center. , From its broad line of sit ...
(Date:2/22/2017)... York (PRWEB) , ... February 22, 2017 , ... ... entrance and lobby of a new healthcare contact center in Georgia, PENETRON Specialty ... One of the nation’s largest healthcare systems recently invested $51 million to purchase ...
(Date:2/22/2017)... ... February 22, 2017 , ... Stem cell therapy ... The technology is so cutting edge, in fact, the U.S. Food and Drug ... procedures. However, successful patient outcomes in certain clinical stem cell procedures have shown ...
Breaking Medicine News(10 mins):
(Date:2/23/2017)... 2017 ... Research and Markets has announced the addition of the ... report to their offering. The Global Antifungal Drugs ... the next decade to reach approximately $12.8 billion by 2025. ... all the given segments on global as well as regional levels presented ...
(Date:2/23/2017)... Ga., Feb. 23, 2017  MiMedx Group, Inc. (NASDAQ: ... tissue and patent-protected processes to develop and market advanced ... Spine, Sports Medicine, Ophthalmic, and Dental sectors of healthcare, ... and full year ended December 31, 2016. ... Revenue is a 31% increase over full year 2015 ...
(Date:2/23/2017)... , Feb 23, 2017 Research and ... Devices Market Analysis & Trends - Industry Forecast to 2025" ... ... grow at a CAGR of around 9.2% over the next decade ... report analyzes the market estimates and forecasts for all the given ...
Breaking Medicine Technology: