To accelerate joint innovation in the multi-billion-dollar IT infrastructure market, HighBar Partners will lead a new $20 million investment round into the combined company. Additional investors in the new company include Azure Capital Partners, Kinetic Ventures and Benhamou Global Ventures, the investment fund founded by Eric Benhamou, former CEO of 3Com.
Under the terms of the deal, the combined entity will retain the name Virtual Instruments and will be led by Philippe Vincent, the current president and CEO of Load DynamiX. The combination will enable Virtual Instruments to offer new and existing customers the only comprehensive end-to-end infrastructure performance analytics product portfolio, capable of delivering actionable infrastructure performance insights across physical, virtual and cloud environments.
Together, Virtual Instruments and Load DynamiX will help customers proactively address the IT imperative to achieve lower cost structures and higher levels of performance within increasingly complex and disparate IT environments. Today, enterprises lack a holistic view of how application workloads interact with their underlying infrastructure. No two workloads are alike, and every data centre is unique, irrespective of investments in flash, software-defined, cloud and converged technologies. Virtual Instruments offers the deepest workload visibility and storage infrastructure performance analytics to support the next-generation agile business environment.
“By merging the undisputed leaders in infrastructure performance management and storage performance analytics, we’ve created a combination of solutions that no one else in the industry comes close to offering,” said Philippe Vincent, CEO of Load DynamiX. “Given the complementarity of our leadership teams and products, our customers and partners view this as the logical next step in our evolution into the new Virtual Instruments.”
“The merger of these two companies is employee and customer driven,” said John Thompson, CEO of Virtual Instruments. “The synergies across combined product portfolios are extremely positive and should deliver real value to our combined customer base.”
Virtual Instruments and Load DynamiX customers have continually asked for tighter integration between the two companies’ products, and the merger responds to that demand. Virtual Instruments’ VirtualWisdom platform analyses the performance of the production infrastructure for IT operations, while Load DynamiX delivers the storage workload acquisition, analysis and modeling capabilities IT engineering and architecture teams need. Together, the technologies offer the best infrastructure instrumentation and performance analytics in the data centre.
The new executive management team includes CEO Philippe Vincent, Chief Financial Officer Kevin McDonnell, Senior Vice President of Sales Warren Bell, Chief Marketing Officer Len Rosenthal, Chief Technology Officer John Gentry, Senior Vice President of Products Tim Van Ash, and Senior Vice President of Services Bo Barker.
