subject: Gazzang Gets $3.five Million in Series A Funding [print this page] Gazzang Gets $3.five Million in Series A Funding
The Texas-dependent cloud infrastructure software company Gazzang, Inc., announced that it has secured $three or more.five million in Series A funding to build administration solutions that enable protected open supply application which include Linux, Apache, MySQL, PHP/Perl (LAMP), and accelerate business adoption of public, non-public and hybrid cloud environments. Austin Ventures was the direct institutional trader, accompanied by a group of smaller man or women buyers. Additionally, application sector veteran Larry Warnock, who led the acquisition of Phurnace Software program by BMC Software previously this yr, has joined Gazzang as CEO."Cloud computing represents a discontinuous innovation that is modifying the way in which enterprises consume and provide essential business enterprise solutions," explained Thomas Ball, companion at Austin Ventures. "By recognizing an earlier buyer discomfort inside adoption of cloud platforms, Gazzang has easily established an impressive track report with its core shopper base. We see extraordinary opportunity from the street ahead, and view this as an outstanding fit for our earlier-stage financial commitment portfolio."Founded in 2008, Gazzang's first merchandise offering, ezNcrypt, is really a "arranged and forget" remedy for encrypting MySQL database transactions and files. The resolution's patent-pending transparent data encryption (TDE) process vehicle-encrypts MySQL data at relaxation with dual authentication keys without the need of generating alterations to present programs or databases.From the long run Gazzang will extend its core management capabilities towards the total LAMP stack which include utility, presentation and operating method layers, supplying consumers a total knowledge encryption stability resolution."Gazzang is attacking 1 of the greatest inhibitors to venture-extensive adoption in the cloud files safety but we're not stopping there," said Larry Warnock, CEO of Gazzang. "We strategy to leverage our good results in knowledge stability to become a significant player within the delivery of IaaS management platforms for cloud environments. It truly is still earlier days in such a space, but our initial purchaser successes prove we're to the suitable route towards maximizing this unbelievable current market option."Learn all about this story on:StartupGazette.com
