Published: July 30, 2010
ScaleMP Experiences Record Growth in Q2
CUPERTINO, Calif. - (BUSINESS WIRE) - ScaleMP ,
a leading provider of virtualization solutions for high-end computing,
today announced that the company experienced record growth in the
quarter ending June 30, 2010 and has secured $2.4 million in new
funding. Additionally, ScaleMP doubled the number of new customer
deployments from the previous quarter including growing commercial
customers to more than 50 percent of quarterly sales.
The introduction of vSMP Foundation 3.0 in May met with marked interest
as it introduced capabilities that allowed users to deploy very large
virtual symmetric multiprocessing (SMP) and created significant traction
that contributed to the Q2 success. The new release offers unlimited
modular scaling, increased performance with scalable backplane bandwidth
and expanded hardware support. vSMP Foundation 3.0 leverages the power
of Intel's Nehalem-EX and Westmere-EP processors for the creation of
virtual symmetric multiprocessing (SMP) systems from two to 128 nodes,
enabling users to create the largest x86 shared-memory system available
on the market.
"Server virtualization for aggregation is a fast-growing sector with
tremendous potential, and ScaleMP has incredibly innovative technology,"
said Dan Barnea, member of the Startup Factory Forum and new member of
the board of directors. "I look forward to using my experience growing
companies in competitive markets to help ScaleMP continue to expand and
position itself as a leader in the marketplace."
Barnea is the former SVP of strategy and corporate development for BMC
Software (NYSE) where he was responsible for driving inclusive
processes to identify, propose and execute strategic initiatives for
growth through organic development, acquisition and alliances. Barnea
joined BMC Software in 1999 with the acquisition of New Dimension
Software, where he held the position of CEO. He is credited with the
significant turnaround within New Dimension Software, a success that
catapulted the company into the forefront of the systems management
industry. He has also held several senior management positions in
technology companies including CEO of Laser Industries, general manager
for Indigo, and vice president of research and development for Elscint.
"Our growth aligns with the economic rebound, and we are experiencing an
increase in interest and sales across the board from our traditional
customer base in academic research, higher education and government, as
well as commercial customers," said Shai Fultheim, founder and CEO of
ScaleMP. "We deliberately set our amount of new funding to help us
accommodate this increase in interest, and achieve our financial
milestones."
About ScaleMP
ScaleMP is the leader in virtualization for high-end computing,
providing maximum performance and lower total cost of ownership (TCO).
The innovative Versatile SMP (vSMP) architecture aggregates multiple
x86 systems into a single virtual x86 system, delivering an
industry-standard, high-end symmetric multiprocessing (SMP) computer.
Using software to replace custom hardware and components, ScaleMP offers
a new, revolutionary computing paradigm. For more information, please
call +1 (408) 342-0330 or visit www.ScaleMP.com.
vSMP Foundation is a trademark or registered trademark of ScaleMP. All
other brands or products are trademarks or registered trademarks of
their respective holders and should be treated as such.
Mindshare PR
Heather Fitzsimmons, +1-650-947-7400
heather@mindsharepr.com
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