PHD Virtual Technologies Receives Funding from Insight Venture Partners and Citrix Systems

PHD Virtual Technologies, a Philadelphia, PA-based provider of scalable cross platform backup and virtualization monitoring solutions, has received an additional funding of undisclosed amount.

Backers include Insight Venture Partners and Citrix Systems, Inc.

The company intends to use the capital to accelerate its product development and hire additional sales professionals.

Led by Chairman and CEO Thomas Charlton, PHD Virtual Technologies delivers high performance and scalable cross platform backup and monitoring solutions. Its PHD Virtual Backup is used today by more than 3,500 enterprises worldwide to achieve backup and recovery for VMware and Citrix XenServer virtual machines. Its PHD Virtual Monitor provides an end to end solution for monitoring virtual, physical and application infrastructures in VMware and Citrix environments.

The company also provides a suite of free virtualization utilities to assist with the administration and management of virtualized environments.

FinSMEs

02/11/2011

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