Vates Raises €30M to Scale Its Open-Source Virtualization Platform
Vates, the company behind open-source hypervisor XCP-ng, has closed a €30 million funding round to accelerate North American growth. With VMware displacement driving enterprise demand for flexible, cost-predictable infrastructure, Vates enters its next phase with product credibility and an established customer base. ECI Research examines what the funding means for ITDMs and infrastructure teams evaluating their virtualization options.
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