What is VirtaMove?
Headquartered in Ottawa, Ontario, VirtaMove specializes in providing a fast and flexible software solution for migrating server applications to new cloud or datacenter environments. Their platform enables these moves without the need for install scripts or source code modifications, streamlining the complex process of IT infrastructure modernization.
How much funding has VirtaMove raised?
VirtaMove has raised a total of $3M across 1 funding round:
Unspecified
$3M
Unspecified (2014): $3M with participation from Covington Capital
Key Investors in VirtaMove
Covington Capital
Covington Capital is an investment firm that likely focuses on providing capital for technology companies, potentially specializing in enterprise software or infrastructure solutions.
What's next for VirtaMove?
The recent major strategic investment indicates VirtaMove is likely entering a phase of accelerated growth and market expansion. This capital infusion will probably be directed towards enhancing product development, scaling sales and marketing efforts, and potentially exploring new strategic partnerships to solidify its position in the cloud migration and datacenter modernization sector.
See full VirtaMove company page