AirVM Closes $8.0M Series A Funding

airvmAirVM, an Ottawa, Ontario, Canada-based cloud management platform company, closed an $8.0m Series A funding.

The round was led by RHO Canada Ventures, with participation from Build Ventures, and existing investor Wesley Clover.

The company intends to use the funds to strengthen integration with VMware technologies, expand support for 3rd party public clouds like Amazon Web Services and Microsoft Azure, integrate with other cloud technologies such as OpenStack and Microsoft Hyper-V, and invest in its sales, support, and engineering teams.

Led by Joshua Vautour, CEO and founder, AirVM provides a cloud management platform called AirSembly, purpose-built for VMware to allow service providers to sell, provision, manage, and bill for cloud services, through any type of distribution model.
Thousands of service providers, resellers and customers have processed millions of transactions through the AirVM platform.

FinSMEs

27/08/2015

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