Blocks & Files — a storage news, information, and analysis site — has shared a VirtualZ update via their weekly roundup.
In this week’s “Storage News Ticker,” Chris Mellor writes:
“BMC-acquired Model9 has competition. VirtualZ Computing, which provides the Lozen out-of-the-box product to connect mainframes to hybrid cloud for bi-directional data access, has raised $2.2 million in seed financing led by Next Frontier Capital. Additional investors include 2M Investment Partners, Innosphere Ventures, and Next Coast Ventures. Including prior funding, VirtualZ has raised $4.9 million to date. The Lozen product, available now, enables hybrid cloud, SaaS, distributed and custom applications to gain real-time, read-write access to mainframe data. Data isn’t moved; instead, all apps share the data equally as a peer with mainframe applications. The software installs in minutes and runs on the zIIP engine, consuming a fraction of the capacity of a general processor. Minneapolis-based VirtualZ says it’s the only woman-founded mainframe company in history – but it was actually co-founded by a woman, CEO Jeanne Glass, and two men, CTO Vince Re and SVP GLobal Alliances Dustin Forum.”