Gazzang Will get $a few.5 Million in Series A Funding

Published: 18th January 2011
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The Texas-based mostly cloud infrastructure application organization Gazzang, Inc., announced that it has secured $three.5 million in Series A funding to cultivate management alternatives that enable protected open foundation software including Linux, Apache, MySQL, PHP/Perl (LAMP), and accelerate venture adoption of general public, exclusive and hybrid cloud environments. Austin Ventures was the lead institutional investor, accompanied by a group of scaled-down person buyers. Additionally, application business veteran Larry Warnock, who led the acquisition of Phurnace Software package by BMC Software previously this twelve months, has joined Gazzang as CEO.

"Cloud computing represents a discontinuous innovation that is certainly altering the way enterprises consume and deliver important business enterprise services," said Thomas Ball, accomplice at Austin Ventures. "By recognizing an early client ache within the adoption of cloud platforms, Gazzang has rapidly established an impressive track report with its core client foundation. We see unbelievable prospect inside highway forward, and view this as an fantastic match for our early-stage choice portfolio."



Founded in 2008, Gazzang's initially product or service offering, ezNcrypt, is really a "arranged and forget" solution for encrypting MySQL database transactions and data. The option's patent-pending transparent data encryption (TDE) procedure car-encrypts MySQL data at relaxation with dual authentication keys with out making adjustments to existing apps or databases.

Inside the long run Gazzang will extend its core administration capabilities to the complete LAMP stack such as software, presentation and working method layers, supplying buyers a total knowledge encryption basic safety option.

"Gazzang is attacking a person with the largest inhibitors to venture-broad adoption in the cloud - information security - but we're not stopping there," claimed Larry Warnock, CEO of Gazzang. "We program to leverage our achievement in files stability to turn into a key participant from the delivery of IaaS management platforms for cloud environments. It really is still earlier days and nights on this room, but our initial customer successes prove we're about the proper route towards maximizing this unbelievable market place prospect."

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