Companies in Virtualization
There are 417 companies in Virtualization which include VMware, Red Hat, Evolve IP, Citrix, Parallels. 166 companies in Virtualization are funded, with 138 having secured Series A funding. Till date, the sector has seen the creation of 1 Unicorn. United States has the most number of companies in Virtualization (188), followed by India
(24), and then United Kingdom (23).
2026 has seen the creation of 6 Virtualization companies. On average, the last 10 years have seen 9 new companies launched every year. Most number of Virtualization startups have been founded by alumni from Stanford University, Harvard University and IIT Madras.
Here is a List of top companies in Virtualization
1. VMware
Cloud based orchestration solutions. It enables running any app on any cloud on any device through the solutions for modern apps, multi-cloud, and digital workspace. It transform data centers into aggregated computing infrastructures with VMware vSphere, its virtualization platform.
Key facts about VMware
- Founded Year: 1998
- Location: Palo Alto (United States)
- Stage: Acquired
- Total Funding till date: $596M
- Investors: .406 Ventures, Dell and 31 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2021, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 2 of 1,343 Competitors
2. Red Hat
Openstack distribution and cluster management platform. It allows developers to create, delete, and manage kubernetes clusters across multiple private and public clouds. The platform enables users to track costs, control resources, and more. Its offerings include application development, automation, cloud computing, and more.
Key facts about Red Hat
- Founded Year: 1993
- Location: Raleigh (United States)
- Stage: Acquired
- Investors: Berkshire Hathaway, Intel and 9 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2023, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 1 of 117 Competitors
3. Evolve IP
Provider of managed IT, cloud, security, network, and communication solutions. The company delivers enterprise help desk, field, and professional services. AI consulting, threat assessment, and managed detection and response are offered. The company provides unified communications, contact center, and managed platform services.
Key facts about Evolve IP
- Founded Year: 2006
- Location: Wayne (United States)
- Stage: Public
- Total Funding till date: $209M
- Investors: Great Hill Partners, CapitalSource and 1 Other
- Latest Funding Round: PE, Jul 2019, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 12 of 875 Competitors
4. Citrix
Provider of secure application delivery and desktop virtualization platform solutions. The platform centralizes application and desktop management for distributed workforces. It delivers mission critical applications and protects sensitive business information. The platform also powers sustainable business IT and manages onboarding and offboarding.
Key facts about Citrix
- Founded Year: 1989
- Location: Fort Lauderdale (United States)
- Stage: Acquired
- Investors: Elliott Management, Intel and 15 Others
- Latest Funding Round: Grant (prize money), Nov 01, 2019, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 12 of 820 Competitors
5. Parallels
Cloud based Daas platform. It provides virtualization and automation software that optimizes computing for consumers, businesses, and service providers across hardware, operating system, and virtualization platforms. It provides access software enabling remote access to computers. It includes a dashboard that provides visibility into published resources, registered users, active user sessions, and more.
Key facts about Parallels
- Founded Year: 1999
- Location: Seattle (United States)
- Stage: Acquired
- Investors: Russia Partners, JAFCO Group and 15 Others
- Latest Funding Round: Series B, Feb 18, 2017, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 1 of 83 Competitors
