Sign In
NewsRadar

Virtensys appoints John Nicholson as chairman

18 February 2010 16:58
By Tornado Staff

Virtensys, a UK provider of next-generation I/O solutions for data centers, has appointed John Nicholson as chairman of the board of directors. He has been member of the board since 2006.

Nicholson has advised emerging technology companies as a non-executive director and chairman over the last 10 years. He also has international experience at a senior level in the IT industry. Previous positions include vice president of Compaq Computer Corporation and vice president of Digital Equipment Corporation.

“We are very pleased to have a high-caliber individual such as John take on a bigger role with the company,” said Virtensys CEO Ahmet Houssein in a company statement. “His expertise in helping companies accelerate their development and growth is extremely important to us, and he will play a pivotal role in bringing our I/O virtualization products to worldwide enterprise customers.”

Virtensys develops PCI Express-based I/O virtualization technologies for servers and storage platforms. The company aims to change the way I/O infrastructures are deployed and used in data centers, and claims its products deliver improvements in I/O utilization, cost, performance, power consumption and management. The company was founded in December 2005 and is backed by Scottish Equity Partners (SEP), Celtic House and GIMV. Its last round was reported last year in August and totaled €11.3 million. It previously raised €8.1 million in January 2008 and €9.5 million in October 2006.



Related stories
Bitcoin tech company KnCMiner gets $15 million in Series B round
SmartKem secures €3 million from investors including BASF
€8.2 million financing round and new CEO for DelfMEMS
GLO appoints former Philips Lighting exec as chairman
€9.5 million first round for Energy Micro


Up
Data


25,099
Tech investments
From our Online Data Service
16,240
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Dec 7€6.3MNanotechnology
Dec 7€21.1MInternet commerce
Dec 7€4.8MInternet commerce
Dec 7€1.8MInternet commerce
Dec 6N/AInternet commerce
Dec 6€26.0MBusiness applications
Dec 6€5.6MMedical devices

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


Oct 1
The Link App
the link app launches version 2.0

Mar 29
Addex Therapeutics
addex sucessfully raises chf40 million in capital increase

Jan 2
Urban Jungle
urban jungle raises £1m in seed funding to build tech-enabled home ...

Aug 17
Komed Health
komed health closes seed financing round

Jul 10
Komed Health
komed health to be supported by nokia and deutsche telekom





About usContact usLegal Information
Copyright © 1999-2018
Emerging Technology Research Europe Inc. All rights reserved.