French-born software startup Meiosys is planting its roots firmly on U.S. soil, and it has $7.5 million in Series D funding to help spread its virtualization message to American data centers.
The latest funding round, led by French investment firm Credit Lyonnais Private Equity, brings Meiosys' total funding to $16 million. Meiosys execs say this will support the company's operations into 2006.
They also expect easier going now that Meiosys is a U.S. company, with official headquarters in Delaware. The firm's management, marketing, and sales operations remain in Palo Alto, Calif., with engineering and R&D in Toulouse, France.
Hubert Catanese, Meiosys' vice president of sales & marketing, says it is much easier to do business now that the company is established in the U.S. "It's preferable for us to be a U.S. company the transactions are faster and simpler," he said.
So, what does Meiosys actually do? The company's core offering is its MetaCluster virtualization software, which relocates applications to higher-performance servers during times of peak workload. MetaCluster is currently available in two main versions: utility and high-performance computing. A third version, designed specifically for fault tolerance, is under development, and Catanese says it will be available in the first half of next year.