Automated server migration solution provider RiverMeadow Software announced on Wednesday it has closed a $12 million Series B financing round that included investors Cisco, Violin Memory and others.
The new funding will help go to support RiverMeadow’s growth as the company drives deployments of the RiverMeadow Cloud Migration SaaS with carriers and service providers around the world.
“This is a significant milestone for RiverMeadow which validates the enormous potential we see for our cloud migration solution,” said Mark Shirman, CEO of RiverMeadow. “The RiverMeadow Cloud Migration SaaS has already gained tremendous traction and acceptance with many of the world’s largest cloud infrastructure manufacturers and service providers. This latest funding round will allow us to continue to scale the company for future growth by expanding our engineering team and supporting our OEM’s in meeting the growing market demands for cloud migration.”
In April, Cisco began using the RiverMeadow Cloud Migration SaaS tool in its Cloud On-Boarding Service offerings to help customers move entire server workloads to public, private and hybrid cloud environments.
The solution has help to lower the cost, timeframe and complexity of cloud migration, enabling Cisco to easily and cost-efficiently pass on the benefits of cloud computing to their customers.
The RiverMeadow Cloud Migration SaaS automates the migration of live physical, virtual and cloud-based servers into public, private and hybrid cloud environments.
RiverMeador designed the Cloud Migration SaaS solution from the ground up to meet a wide range of server-to-cloud migrations.
The solution effectively automates the cloud migration process from beginning-to-end, without having to install agents or quiesce servers.