Company:Qumranet
| Industry | Software |
|---|---|
| Founded | 2005 |
| Founder | Benny Schnaider |
| Parent | Red Hat |
Qumranet, Inc. was an enterprise software company offering a desktop virtualization platform based on hosted desktops in Kernel-based Virtual Machines (KVM) on servers, linked with their SPICE protocol. The company was also the creator, maintainer and global sponsor of the KVM open source hypervisor.
History
The company was founded in 2005 by CEO Benny Schnaider, with Rami Tamir as president, Moshe Bar as CTO, and chairman Dr. Giora Yaron.[1] Qumranet had raised $20 million in two financing rounds from its founders, Norwest Venture Partners, Cisco Systems, and Sequoia Capital, in addition to investment by the founding partners.[1]
The company's first product, named "Solid ICE", hosted Windows and Linux desktops on central servers located in a data center.[2]
The Ra'anana-based company developed a virtualization technology for IT data centers.[1][3]
From a very low-profile Israeli startup the company made waves with the rapid acceptance of KVM into the Linux kernel, and their Solid ICE desktop virtualization platform has received serious attention.[4][5][6][7]
Avi Kivity was the lead developer and maintainer of the Kernel-based Virtual Machine project from mid-2006, that has been part of the Linux kernel since the 2.6.20 release in February 2007.[8]
Qumranet was on the Gartner Group's 2008 list of "Cool Vendors," an award given to small companies with advanced technology.[9]
On September 4, 2008, Qumranet was acquired by Red Hat, Inc. for $107 million.[10][11][12][13][14][15]
Key executives
- Benny Schnaider, co-founder, chief executive officer and director
- Rami Tamir, Co-Founder, president and director
- Moshe Bar Ph.D., co-founder and chief technology officer
- Giora Yaron Ph.D, co-founder and chairman of the board[16]
- Shmil Levy, board member, Sequoia Capital
- Vab Goel, board member, Norwest Venture Partners
References
- ↑ 1.0 1.1 1.2 Lan, Shlomit (28 May 2017). "Dr. Giora Yaron: Startups need carrots not sticks". Globes.
- ↑ Savitz, Eric (4 September 2008). "Red Hat Buys Virtualization Company". Barron's. https://www.barrons.com/articles/BL-TB-8626.
- ↑ Wrobel, Sharon (5 September 2008). "Red Hat Buys Qumranet". Jerusalem Post.
- ↑ Businessweek.com , "Sequoia, Norwest, Storm Fund Israeli Startups"
- ↑ Heise.de , "Virtualization solution KVM will be in the next version of Linux"
- ↑ ITbusinessedge.com , "Barbarians at the VMware Gate"
- ↑ "Skating on Solid ICE Desktop Virtualization"
- ↑ Interview: Avi Kivity on KernelTrap
- ↑ Zadok, Shahar (26 May 2008). "Six Israeli start-ups among Gartner "Cool Vendors": The Cool Vendors 2008 report covers 172 companies.". McClatchy.
- ↑ "Red Hat Advances Virtualization Leadership with Qumranet, Inc. Acquisition" (Red Hat press release)
- ↑ "Red Hat buys Qumranet for $107M. What does this mean for KVM and SolidICE?" (in en-US). BrianMadden.com. https://www.brianmadden.com/opinion/Red-Hat-buys-Qumranet-for-107M-What-does-this-mean-for-KVM-and-SolidICE.
- ↑ Denne, Scott (5 February 2013). "Qumranet Founders Emerge With $26M for Latest Cloud Venture, Ravello". Wall Street Journal. https://www.wsj.com/articles/DJFVW00020130205e925aqh7y.
- ↑ Vance, Ashlee (4 September 2008). "Red Hat Buys a Seat at the Virtualization Table". New York Times. https://bits.blogs.nytimes.com/2008/09/04/red-hat-buys-a-seat-at-the-virtualization-table/.
- ↑ Grimland, Guy (5 September 2008). "Qumranet Makes Exit With $115m Sale". Haaretz. https://www.haaretz.com/1.5021818.
- ↑ Cohen, Sagi (29 May 2019). "Israeli Serial Entrepreneurs Found Fourth Startup". Haaretz. https://www.haaretz.com/israel-news/business/israeli-serial-entrepreneurs-found-fourth-startup-1.7304584.
- ↑ Businessweek.com "Qumranet, Inc."
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