Racemi builds automated server migration and server imaging software that quickly clones server workloads—including operating system, applications, and configuration—between dissimilar physical, virtual, and cloud platforms. Its software automatically converts workloads to run on target platforms by applying necessary tools and drivers, reducing migrations from days to minutes and preserving existing configurations for reliability and supportability. The company says it has thousands of customers, users, and partners worldwide and has announced partner agreements with IBM, Phoenix NAP, and Windstream while strengthening ties with Amazon Web Services and VMware. Racemi is expanding into European and Asia‑Pacific markets and plans to use new funding to scale sales, services, and engineering to meet growing demand. Financially, Racemi closed a $10 million Series C in July 2014 and previously closed a $7 million Series B in July 2012. The company positions its server imaging technology as offering the broadest range of physical, virtual, and cloud platform coverage in the industry. Racemi develops server provisioning and cloud migration technology that automates migration of physical and virtual servers to, from and between cloud providers and across data centers. Its software supports major cloud platforms including Amazon EC2, CloudStack, GoGrid, OpenStack, Rackspace and Terremark. Racemi offers DynaCenter for cloud providers, professional services teams and ISVs, and Cloud Path as a SaaS product for small- and medium-size enterprises to migrate applications into clouds in minutes. The company is led by CEO Lawrence Guillory. Racemi has raised $7M in a Series B round from Paladin Capital Group and Harbert Venture Partners. It intends to use the capital to scale sales, services and engineering. In conjunction with the funding, Wayne Hunter of Harbert Venture Partners and Philip Eliot of Paladin Capital Group joined Racemi’s board of directors. Racemi is an Atlanta, GA–based provider of image-based provisioning software used to automate data center operations. Its core product focuses on image-based provisioning to streamline data center workflows. The company announced a $2.5M venture funding round led by existing investor Gray Ghost Ventures. Proceeds will be used to further develop its software and continue expanding its business in the U.S. Racemi also announced the appointment of Lawrence Guillory as Chief Executive Officer. The article does not disclose revenue, user counts, valuation, or other financial metrics.

Total raised

$20M

Funding rounds

3

Latest round

Series C

Latest activity

Jul 2014