Qumranet Inc.

www.qumranet.com

Formerly Comanet ; Now Red Hat Israel

High-Tech Company

Acquired by Red Hat Inc.

TECH VERTICALS

Cloud

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Initial Revenues
Established	2005
Number of Employees	65

DESCRIPTION

Qumranet is a leading virtualization technology company. Its hosted desktop virtualization product, Solid ICE, is used by enterprises to significantly improve the manageability, security and policy enforcement for their desktop environments. Qumranet is also the maintainer of the open source virtualization project KVM (Kernelbased Virtual Machine) and along with an industry consortium is committed to advancing KVM to be the industry’s standard virtualization platform.

TECHNOLOGY

Kernel, Open Source Product.

Kernel-based Virtual Machine (KVM) project, a global open source effort focused on integrating robust virtualization capabilities into the Linux kernel. The KVM virtualization solution has been officially included in Linux 2.6.20. The KVM hypervisor is a loadable module that has been designed to run as part of the kernel. KVM's architecture is optimized to utilize the native functionality of the underlying operating system (for now Linux). KVM also leverages the new virtualization capabilities built into the latest server and PC processors from Intel and AMD. It is designed to provide enterprise class performance with the lowest total cost of ownership.

	TARGET MARKETS
	Enterprises.

	BUSINESS MODEL
	B2B

COMPETITORS

XenSource

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm

REMARKS

Date	Remark
01/09/2008	Red Hat Inc. acquired Qumranet Inc. and turned it into its Israeli R&D center.

CONTACT INFO

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Main Address: Raanana, Israel

Address	34 Jerusalem Rd., Bldg. B
City	Raanana
Country	Israel
Zip	43501

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Sunnyvale, United States

Address	530 Lakeside Dr., Suite 220
City	Sunnyvale
State/Province	CA
Country	United States
Zip	94085

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Moshe Bar	Co-Founder	TopManage (Product Manager)
Dr. Giora Yaron	Co-Founder	Exanet (Chairman & Co-Founder)
Mr. Benjamin Schnaider	Co-Founder	Oracle Israel (VP, Ravello SW Development)
Mr. Rami Tamir	Co-Founder	Oracle Israel (VP, Ravello SW Development)

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	CEO & President, Panta Systems

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Sep. 04, 2008

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

First Round

Mar. 18, 2008

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Private Investor	abCDe

Seed

Sep. 19, 2005

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Angel Club/ Group	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

Last Updated:	abCDe
IVC Number:	abCDe