CRV

CRV is a venture capital investment firm founded in 1970, based in San Francisco, California, with additional offices in Cambridge, Massachusetts. With nearly 400 startups backed over its nearly five-decade history, CRV has established itself as a leading investor in early-stage technology companies. The firm has a strong focus on sectors such as enterprise, consumer products, and life sciences, and has supported the growth of notable companies including Twitter, Zendesk, and Amgen. Approximately half of the startups CRV has invested in have either gone public or been acquired. CRV manages around $1.5 billion in assets and employs a hands-on approach to assist entrepreneurs in developing their ideas into market leaders. The firm continues to be recognized as one of the top performers in the venture capital industry.

Ipshita Agarwal

Investor

Izhar Armony

General Partner

Jon Auerbach

General Partner

Murat Bicer

General Partner

Chiraag Deora

Investor

Max Gazor

General Partner

James Green

General Partner

Matan Lamdan

Investor

Veronica Orellana

Investor

Caitlin Bolnick Rellas

General Partner

Sachin Sood

CFO

Kristin Baker Spohn

General Partner

Brittany Walker

Principal

Devdutt Yellurkar

General Partner

George Zachary

General Partner

Brian Zhan

Investor

Past deals in Virtualization

Tailscale

Series B in 2022
Tailscale Inc. is a software company that specializes in developing corporate virtual private network (VPN) solutions aimed at enhancing network security for teams of all sizes. Founded in 2019 and based in Toronto, Canada, Tailscale simplifies VPN setup by integrating with existing identity providers like GSuite and Office365. This approach facilitates the connection of authorized devices in a peer-to-peer mesh network, which minimizes latency and improves reliability. Tailscale serves a diverse clientele, including hobbyists, network administrators, banks, hospitals, and startups, offering a secure and efficient means for teams to collaborate remotely without incurring upfront costs. The company's technology features fixed IP addresses, auto-assigned domains, and comprehensive access controls, ensuring a seamless and secure networking experience.

Inworld

Seed Round in 2022
Developer of an AI-based platform designed to populate immersive realities including the metaverse, VR and AR, games, and virtual worlds. The company offers to virtual human characters to build and deploy virtual characters for a variety of use cases, enabling clients to leverage and streamline their creative process.

Vercel

Series D in 2021
Vercel Inc. is a cloud platform that specializes in on-demand deployment, hosting, and sharing services for frontend applications. Founded in 2015 and based in Walnut, California, the company provides automated deployment solutions integrated with GitHub, Bitbucket, and GitLab, allowing projects to be deployed seamlessly from pull requests and merge requests. Vercel's platform is designed to enhance the development and deployment experience for frontend teams by hosting static websites and serverless functions that align with the Jamstack deployment model. This model ensures that web pages are pre-rendered and can be efficiently served by a content delivery network, delivering optimal performance for developers. Vercel was formerly known as ZEIT, Inc. before rebranding in April 2020.

Vercel

Series C in 2021
Vercel Inc. is a cloud platform that specializes in on-demand deployment, hosting, and sharing services for frontend applications. Founded in 2015 and based in Walnut, California, the company provides automated deployment solutions integrated with GitHub, Bitbucket, and GitLab, allowing projects to be deployed seamlessly from pull requests and merge requests. Vercel's platform is designed to enhance the development and deployment experience for frontend teams by hosting static websites and serverless functions that align with the Jamstack deployment model. This model ensures that web pages are pre-rendered and can be efficiently served by a content delivery network, delivering optimal performance for developers. Vercel was formerly known as ZEIT, Inc. before rebranding in April 2020.

Aviatrix

Series D in 2021
Aviatrix Systems, Inc. is a cloud networking company that specializes in developing cloud-native networking software to facilitate the deployment of hybrid and multi-cloud environments for enterprises. Its flagship product, Aviatrix AVX, provides a unified platform for advanced multi-cloud networking, enhancing security and operational visibility while ensuring a consistent architecture across various public clouds. Aviatrix also offers solutions such as secure transit networking, firewall services, and smart VPN access, which collectively enable businesses to manage their cloud connectivity efficiently. The company aims to simplify and secure cloud networking for enterprises, allowing them to accelerate their digital transformation while controlling IT costs. Founded in 2014 and headquartered in Santa Clara, California, Aviatrix has formed strategic partnerships with major cloud providers, including Amazon Web Services, Google Cloud Platform, and Microsoft Azure.

Vercel

Series B in 2020
Vercel Inc. is a cloud platform that specializes in on-demand deployment, hosting, and sharing services for frontend applications. Founded in 2015 and based in Walnut, California, the company provides automated deployment solutions integrated with GitHub, Bitbucket, and GitLab, allowing projects to be deployed seamlessly from pull requests and merge requests. Vercel's platform is designed to enhance the development and deployment experience for frontend teams by hosting static websites and serverless functions that align with the Jamstack deployment model. This model ensures that web pages are pre-rendered and can be efficiently served by a content delivery network, delivering optimal performance for developers. Vercel was formerly known as ZEIT, Inc. before rebranding in April 2020.

Vercel

Series A in 2020
Vercel Inc. is a cloud platform that specializes in on-demand deployment, hosting, and sharing services for frontend applications. Founded in 2015 and based in Walnut, California, the company provides automated deployment solutions integrated with GitHub, Bitbucket, and GitLab, allowing projects to be deployed seamlessly from pull requests and merge requests. Vercel's platform is designed to enhance the development and deployment experience for frontend teams by hosting static websites and serverless functions that align with the Jamstack deployment model. This model ensures that web pages are pre-rendered and can be efficiently served by a content delivery network, delivering optimal performance for developers. Vercel was formerly known as ZEIT, Inc. before rebranding in April 2020.

Aviatrix

Series C in 2019
Aviatrix Systems, Inc. is a cloud networking company that specializes in developing cloud-native networking software to facilitate the deployment of hybrid and multi-cloud environments for enterprises. Its flagship product, Aviatrix AVX, provides a unified platform for advanced multi-cloud networking, enhancing security and operational visibility while ensuring a consistent architecture across various public clouds. Aviatrix also offers solutions such as secure transit networking, firewall services, and smart VPN access, which collectively enable businesses to manage their cloud connectivity efficiently. The company aims to simplify and secure cloud networking for enterprises, allowing them to accelerate their digital transformation while controlling IT costs. Founded in 2014 and headquartered in Santa Clara, California, Aviatrix has formed strategic partnerships with major cloud providers, including Amazon Web Services, Google Cloud Platform, and Microsoft Azure.

Aviatrix

Series B in 2017
Aviatrix Systems, Inc. is a cloud networking company that specializes in developing cloud-native networking software to facilitate the deployment of hybrid and multi-cloud environments for enterprises. Its flagship product, Aviatrix AVX, provides a unified platform for advanced multi-cloud networking, enhancing security and operational visibility while ensuring a consistent architecture across various public clouds. Aviatrix also offers solutions such as secure transit networking, firewall services, and smart VPN access, which collectively enable businesses to manage their cloud connectivity efficiently. The company aims to simplify and secure cloud networking for enterprises, allowing them to accelerate their digital transformation while controlling IT costs. Founded in 2014 and headquartered in Santa Clara, California, Aviatrix has formed strategic partnerships with major cloud providers, including Amazon Web Services, Google Cloud Platform, and Microsoft Azure.

Zerto

Series E in 2016
Zerto Ltd. specializes in disaster recovery and business continuity software tailored for virtualized data centers and cloud environments. The company's core offering, the Zerto Cloud Continuity Platform, includes Zerto Virtual Replication, which facilitates the protection, recovery, and migration of applications across various cloud settings, including public, private, and hybrid clouds. Zerto's products support critical applications such as Oracle, SAP, and SQL Server, ensuring uninterrupted operations for clients across diverse sectors, including healthcare, legal, and finance. Founded in 2009 and headquartered in Herzliya, Israel, Zerto also maintains offices in key locations worldwide, including Boston, Shinjuku, Reading, Mumbai, and several areas in Canada and Latin America.

SimpliVity

Series D in 2015
SimpliVity Corporation specializes in hyperconverged infrastructure technology that integrates compute, storage, and networking into a single system, enhancing the deployment of resources and workloads. The company's key offerings include OmniCube, a 2U rack-mounted unit that provides essential server, storage, and networking services while optimizing the management and performance of virtualized workloads. Additionally, SimpliVity offers OmniView, a web-based support dashboard with predictive analytics, and OmniStack Hyperconverged Infrastructure, which works with Cisco UCS to consolidate various data center functions. These solutions are applicable across diverse sectors, including energy, education, financial services, government, manufacturing, IT services, and telecommunications. Founded in 2008 and headquartered in Westborough, Massachusetts, SimpliVity has also established support centers in Ireland and North Carolina. As of early 2017, the company operates as a subsidiary of Hewlett Packard Enterprise Company.

SimpliVity

Series C in 2013
SimpliVity Corporation specializes in hyperconverged infrastructure technology that integrates compute, storage, and networking into a single system, enhancing the deployment of resources and workloads. The company's key offerings include OmniCube, a 2U rack-mounted unit that provides essential server, storage, and networking services while optimizing the management and performance of virtualized workloads. Additionally, SimpliVity offers OmniView, a web-based support dashboard with predictive analytics, and OmniStack Hyperconverged Infrastructure, which works with Cisco UCS to consolidate various data center functions. These solutions are applicable across diverse sectors, including energy, education, financial services, government, manufacturing, IT services, and telecommunications. Founded in 2008 and headquartered in Westborough, Massachusetts, SimpliVity has also established support centers in Ireland and North Carolina. As of early 2017, the company operates as a subsidiary of Hewlett Packard Enterprise Company.

Affirmed Networks

Series C in 2013
Affirmed Networks, Inc. specializes in providing mobile content cloud solutions globally, focusing on virtualization and network functions. Founded in 2010 and based in Acton, Massachusetts, the company offers a range of services including the Affirmed Service Automation Platform, which helps mobile operators streamline service introduction and reduce operational costs. Their solutions encompass a cloud-based virtual network for Internet of Things services, critical data communications for telecommunications, and virtualized Evolved Packet Core solutions for live traffic management. Additionally, Affirmed Networks has developed UnityCloud 5G core, a cloud-native platform designed to facilitate the deployment of 5G networks for mobile operators. The company's innovative approach aims to enhance intelligence and efficiency in mobile data networks.

Affirmed Networks

Series B in 2012
Affirmed Networks, Inc. specializes in providing mobile content cloud solutions globally, focusing on virtualization and network functions. Founded in 2010 and based in Acton, Massachusetts, the company offers a range of services including the Affirmed Service Automation Platform, which helps mobile operators streamline service introduction and reduce operational costs. Their solutions encompass a cloud-based virtual network for Internet of Things services, critical data communications for telecommunications, and virtualized Evolved Packet Core solutions for live traffic management. Additionally, Affirmed Networks has developed UnityCloud 5G core, a cloud-native platform designed to facilitate the deployment of 5G networks for mobile operators. The company's innovative approach aims to enhance intelligence and efficiency in mobile data networks.

SimpliVity

Series B in 2012
SimpliVity Corporation specializes in hyperconverged infrastructure technology that integrates compute, storage, and networking into a single system, enhancing the deployment of resources and workloads. The company's key offerings include OmniCube, a 2U rack-mounted unit that provides essential server, storage, and networking services while optimizing the management and performance of virtualized workloads. Additionally, SimpliVity offers OmniView, a web-based support dashboard with predictive analytics, and OmniStack Hyperconverged Infrastructure, which works with Cisco UCS to consolidate various data center functions. These solutions are applicable across diverse sectors, including energy, education, financial services, government, manufacturing, IT services, and telecommunications. Founded in 2008 and headquartered in Westborough, Massachusetts, SimpliVity has also established support centers in Ireland and North Carolina. As of early 2017, the company operates as a subsidiary of Hewlett Packard Enterprise Company.

SimpliVity

Series A in 2012
SimpliVity Corporation specializes in hyperconverged infrastructure technology that integrates compute, storage, and networking into a single system, enhancing the deployment of resources and workloads. The company's key offerings include OmniCube, a 2U rack-mounted unit that provides essential server, storage, and networking services while optimizing the management and performance of virtualized workloads. Additionally, SimpliVity offers OmniView, a web-based support dashboard with predictive analytics, and OmniStack Hyperconverged Infrastructure, which works with Cisco UCS to consolidate various data center functions. These solutions are applicable across diverse sectors, including energy, education, financial services, government, manufacturing, IT services, and telecommunications. Founded in 2008 and headquartered in Westborough, Massachusetts, SimpliVity has also established support centers in Ireland and North Carolina. As of early 2017, the company operates as a subsidiary of Hewlett Packard Enterprise Company.

CloudShare

Venture Round in 2011
CloudShare enables on-premise solutions and SaaS applications to use the cloud unchanged. The company's virtual IT lab solutions for training, sales enablement, support, and sandboxing enable software vendors to increase productivity, agility, and reach. Founded in 2007, CloudShare is headquartered in San Francisco, California.

Affirmed Networks

Series A in 2010
Affirmed Networks, Inc. specializes in providing mobile content cloud solutions globally, focusing on virtualization and network functions. Founded in 2010 and based in Acton, Massachusetts, the company offers a range of services including the Affirmed Service Automation Platform, which helps mobile operators streamline service introduction and reduce operational costs. Their solutions encompass a cloud-based virtual network for Internet of Things services, critical data communications for telecommunications, and virtualized Evolved Packet Core solutions for live traffic management. Additionally, Affirmed Networks has developed UnityCloud 5G core, a cloud-native platform designed to facilitate the deployment of 5G networks for mobile operators. The company's innovative approach aims to enhance intelligence and efficiency in mobile data networks.

CloudShare

Series B in 2009
CloudShare enables on-premise solutions and SaaS applications to use the cloud unchanged. The company's virtual IT lab solutions for training, sales enablement, support, and sandboxing enable software vendors to increase productivity, agility, and reach. Founded in 2007, CloudShare is headquartered in San Francisco, California.

Parascale

Series A in 2008
Parascale Cloud Storage software aggregates disk storage on multiple standard Linux servers to provide one highly scalable storage cloud, accessible via standard file-access protocols (NFS, HTTP, FTP). Parascale delivers massive storage capacity and parallel throughput. Deployments can start easily with several terabytes and scale to several petabytes in a single namespace with administrator-specified redundancy. A single administrator can manage hundreds of servers, with the system automatically balancing out hot-spots and capacity utilization across the various nodes.

Qlusters

Series C in 2007
Qlusters, Inc. was a technology company that specialized in data center solutions, focusing on software provisioning and management of virtual environments. Founded in 2001 and headquartered in Palo Alto, California, with additional offices in Tel Aviv, Israel, and New York, the company developed openQRM, a software tool designed to streamline data center operations. Despite its innovative offerings, Qlusters ceased operations in July 2008.

Crossbeam Systems

Series F in 2007
Crossbeam Systems, Inc. specializes in next-generation security platforms designed for high-performance networks. The company transforms how enterprises, service providers, and government agencies architect and deliver security services. Its platforms allow for the consolidation of various security appliances and network equipment, enabling the virtualization of security applications and simplifying the delivery of security services. Crossbeam integrates hardware with third-party security applications, such as firewalls and intrusion detection systems, to enhance performance. Additionally, it offers SecureShore NMS, a network management system that facilitates multi-box configuration, OS backup and restore, reporting, and application distribution. The company's solutions include firewall, content gateway, and security virtualization services, complemented by professional training and support services. Crossbeam's diverse clientele ranges from financial institutions and pharmaceutical companies to government agencies and universities. Founded in 2000, the company is headquartered in Boxborough, Massachusetts, with additional offices in Europe and the Asia Pacific, as well as an authorized training center in Mexico City.

Acopia Networks

Series D in 2006
Acopia Networks provides intelligent file virtualization solutions. It offers Acopia ARX series intelligent file virtualization devices that automate data management tasks and eliminates the disruption associated with storage management operations; and FreedomFabric network operating system software, which allows enterprises to manage unstructured file data by automating various storage management tasks and eliminating the disruptions associated with those tasks.

Acopia Networks

Series C in 2004
Acopia Networks provides intelligent file virtualization solutions. It offers Acopia ARX series intelligent file virtualization devices that automate data management tasks and eliminates the disruption associated with storage management operations; and FreedomFabric network operating system software, which allows enterprises to manage unstructured file data by automating various storage management tasks and eliminating the disruptions associated with those tasks.

Qlusters

Series B in 2004
Qlusters, Inc. was a technology company that specialized in data center solutions, focusing on software provisioning and management of virtual environments. Founded in 2001 and headquartered in Palo Alto, California, with additional offices in Tel Aviv, Israel, and New York, the company developed openQRM, a software tool designed to streamline data center operations. Despite its innovative offerings, Qlusters ceased operations in July 2008.

Equallogic

Series C in 2004
Equallogic is a data management platform that provides data access, enterprise mobility, and virtualization solutions to its clients. Its product range includes automated enterprise storage tiering, load-balancing, and iSCSI-based SAN systems. It has a total funding of $47 million. Equallogic was founded in 1984.

Virtusa

Series D in 2004
Virtusa Corporation is a global provider of information technology (IT) consulting and outsourcing services, primarily serving clients in North America, Europe, and Asia. Founded in 1996 and headquartered in Southborough, Massachusetts, the company specializes in digital engineering and transformation services that enhance business outcomes for Global 2000 companies across various industries, including banking, financial services, insurance, healthcare, telecommunications, and media. Virtusa offers a comprehensive range of services, including business and IT consulting, application development, cloud transformation, data management, and software quality assurance. The company also emphasizes operational excellence, helping clients reduce risk and improve IT cost efficiencies through innovative solutions. With a strong background in software engineering, Virtusa utilizes advanced methodologies to deliver timely and budget-conscious results. Its strategic acquisition of Polaris Consulting Services has further strengthened its capabilities in the FinTech sector, allowing it to provide end-to-end solutions tailored to the unique challenges faced by its clients.

Acopia Networks

Series B in 2003
Acopia Networks provides intelligent file virtualization solutions. It offers Acopia ARX series intelligent file virtualization devices that automate data management tasks and eliminates the disruption associated with storage management operations; and FreedomFabric network operating system software, which allows enterprises to manage unstructured file data by automating various storage management tasks and eliminating the disruptions associated with those tasks.

Crossbeam Systems

Series C in 2003
Crossbeam Systems, Inc. specializes in next-generation security platforms designed for high-performance networks. The company transforms how enterprises, service providers, and government agencies architect and deliver security services. Its platforms allow for the consolidation of various security appliances and network equipment, enabling the virtualization of security applications and simplifying the delivery of security services. Crossbeam integrates hardware with third-party security applications, such as firewalls and intrusion detection systems, to enhance performance. Additionally, it offers SecureShore NMS, a network management system that facilitates multi-box configuration, OS backup and restore, reporting, and application distribution. The company's solutions include firewall, content gateway, and security virtualization services, complemented by professional training and support services. Crossbeam's diverse clientele ranges from financial institutions and pharmaceutical companies to government agencies and universities. Founded in 2000, the company is headquartered in Boxborough, Massachusetts, with additional offices in Europe and the Asia Pacific, as well as an authorized training center in Mexico City.

Equallogic

Series B in 2003
Equallogic is a data management platform that provides data access, enterprise mobility, and virtualization solutions to its clients. Its product range includes automated enterprise storage tiering, load-balancing, and iSCSI-based SAN systems. It has a total funding of $47 million. Equallogic was founded in 1984.

Virtusa

Series C in 2002
Virtusa Corporation is a global provider of information technology (IT) consulting and outsourcing services, primarily serving clients in North America, Europe, and Asia. Founded in 1996 and headquartered in Southborough, Massachusetts, the company specializes in digital engineering and transformation services that enhance business outcomes for Global 2000 companies across various industries, including banking, financial services, insurance, healthcare, telecommunications, and media. Virtusa offers a comprehensive range of services, including business and IT consulting, application development, cloud transformation, data management, and software quality assurance. The company also emphasizes operational excellence, helping clients reduce risk and improve IT cost efficiencies through innovative solutions. With a strong background in software engineering, Virtusa utilizes advanced methodologies to deliver timely and budget-conscious results. Its strategic acquisition of Polaris Consulting Services has further strengthened its capabilities in the FinTech sector, allowing it to provide end-to-end solutions tailored to the unique challenges faced by its clients.
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