Virtustream Expands Enterprise Cloud Platform for Mission Critical Applications to Asia-Pacific Region
Virtustream, the enterprise-class cloud company and a Dell Technologies Business, today announced that its enterprise cloud platform and services for mission critical applications are now available in the Asia-Pacific region including Australia and Japan. This offering includes Virtustream’s innovative cloud technology and unique consumption billing model.
The need for enterprise cloud services in the region is increasing. According to published research, by 2020, "IDC predicts the Cloud Systems Infrastructure Services revenue in Asia/Pacific including Japan will reach $12.9 billion."
"The pent up demand for enterprise-level cloud services in the Asia-Pacific region is tremendous as organizations are eager to globally scale their operations at a rapid pace; while also managing the complexities of migrating their existing systems of record to the cloud," said Frank Gens, IDC senior vice president and chief analyst. "Add to that regional needs such as data sovereignty, and it narrows the playing field of providers significantly."


Avere Systems today announced the close of a $14 million Series E funding with participation from existing investors Menlo Ventures, Norwest Venture Partners, Lightspeed Venture Partners, Tenaya Capital and Western Digital Capital, and new investor Google Inc. The new investment brings Avere’s total funds raised to $97 million, and will be used to expand the company’s hybrid cloud product offerings so that more organizations can easily take advantage of the public cloud. Avere has established itself as a leader in the hybrid cloud market, helping enterprises reap the benefits of cloud economics and flexibility with solutions based on its high-performance scalable file system.