Norwest Venture Partners

Norwest Venture Partners is a global technology venture capital firm founded in 1961 and based in California. It invests across venture and growth stages in the United States, India, Israel, and other markets, targeting software, cloud and IT infrastructure, information services, enterprise software and services, financial services, consumer products and healthcare. The firm backs entrepreneurs with capital plus an extensive network and operating experience to help scale their businesses. Since its inception it has backed hundreds of companies and manages a multi-billion-dollar portfolio, deploying capital in seed to growth rounds and across sectors that drive technology-enabled growth. Norwest emphasizes building lasting relationships with founders and mentoring teams through strategic guidance and market access to accelerate expansion and scale globally.

Mohammad Abbas

Investor

Robert Abbott

Partner

Ehi Akhirome

Investor

Bayan Alizadeh

Investor

Gal Amran

Investor

Past deals in Virtualization

Velostrata

Series B in 2016
Velostrata Ltd. is a cloud workload mobility company founded in 2014 and based in Netanya, Israel. The company specializes in designing and developing software that facilitates the migration of enterprise workloads between on-premises data centers and public cloud environments. Its Velostrata platform enables organizations to create a dynamic, multi-vendor hybrid cloud, allowing IT managers to move workloads rapidly, often within minutes. By leveraging Velostrata's technology, businesses can efficiently utilize public cloud resources for applications such as capacity on demand, accelerated development and testing, and comprehensive migration solutions. The platform is designed to enhance cloud migration processes with a focus on speed, scale, simplicity, and safety.

Velostrata

Series A in 2015
Velostrata Ltd. is a cloud workload mobility company founded in 2014 and based in Netanya, Israel. The company specializes in designing and developing software that facilitates the migration of enterprise workloads between on-premises data centers and public cloud environments. Its Velostrata platform enables organizations to create a dynamic, multi-vendor hybrid cloud, allowing IT managers to move workloads rapidly, often within minutes. By leveraging Velostrata's technology, businesses can efficiently utilize public cloud resources for applications such as capacity on demand, accelerated development and testing, and comprehensive migration solutions. The platform is designed to enhance cloud migration processes with a focus on speed, scale, simplicity, and safety.

Ravello Systems

Series C in 2015
Ravello Systems Inc. is a provider of cloud-based virtualization software solutions, specializing in nested virtualization technology. Founded in 2011 and based in Palo Alto, California, Ravello allows enterprises to encapsulate multi-VM applications and run them seamlessly across various environments, including on-premises and public clouds, without requiring modifications. Its offerings include the ability to develop and test VMware and KVM applications with complex networking on platforms like AWS and Google Cloud, as well as virtual training solutions for deploying multi-VM application environments. Additionally, the company provides on-demand OpenStack labs for development and testing, as well as VMware ESXi lab environments for demos and proofs of concept. This flexibility empowers developers, DevOps teams, and IT professionals to leverage the extensive resources of the public cloud for their application development and testing needs. As of March 2016, Ravello Systems operates as a subsidiary of Oracle Corporation.

Pertino

Series B in 2013
Pertino, Inc. is a cloud networking software company based in Los Gatos, California, specializing in solutions for distributed enterprises both in the United States and internationally. Founded in 2011, Pertino enables IT teams to create and manage cloud-based virtual overlay networks that securely connect remote workers, devices, and workloads. Its Cloud Network Engine platform facilitates a network-as-a-service offering, combining cloud power with network virtualization and Software-Defined Networking. Pertino's product suite includes AppScape, a platform for managing network functions as virtual services; SecurityPolicy, which allows for the enforcement of access control policies; and ADConnect, which extends Active Directory services to remote devices. Additionally, Pertino provides tools such as UsageMonitor for bandwidth tracking and GeoView for device location visualization. With a customer base exceeding 5,000 and a presence in over 70 countries, Pertino is positioned as an innovative alternative to traditional WAN solutions, empowering organizations with enhanced visibility, security, and control over their networks.

ScaleIO

Series A in 2012
ScaleIO is a company specializing in elastic converged storage technology aimed at enhancing data center efficiency. Founded in early 2011 by experienced professionals from the storage industry, ScaleIO's flagship solution, ECS, allows data centers to significantly reduce storage costs by over 80% while simplifying storage operations. The technology converges storage and compute resources on application servers, enabling linear scaling of capacity and performance across thousands of servers. This innovative approach makes ScaleIO's solutions particularly suitable for multi-tenant cloud environments, and ECS is already being utilized in large data centers across the United States and Europe.

Ravello Systems

Series B in 2012
Ravello Systems Inc. is a provider of cloud-based virtualization software solutions, specializing in nested virtualization technology. Founded in 2011 and based in Palo Alto, California, Ravello allows enterprises to encapsulate multi-VM applications and run them seamlessly across various environments, including on-premises and public clouds, without requiring modifications. Its offerings include the ability to develop and test VMware and KVM applications with complex networking on platforms like AWS and Google Cloud, as well as virtual training solutions for deploying multi-VM application environments. Additionally, the company provides on-demand OpenStack labs for development and testing, as well as VMware ESXi lab environments for demos and proofs of concept. This flexibility empowers developers, DevOps teams, and IT professionals to leverage the extensive resources of the public cloud for their application development and testing needs. As of March 2016, Ravello Systems operates as a subsidiary of Oracle Corporation.

Pertino

Series A in 2012
Pertino, Inc. is a cloud networking software company based in Los Gatos, California, specializing in solutions for distributed enterprises both in the United States and internationally. Founded in 2011, Pertino enables IT teams to create and manage cloud-based virtual overlay networks that securely connect remote workers, devices, and workloads. Its Cloud Network Engine platform facilitates a network-as-a-service offering, combining cloud power with network virtualization and Software-Defined Networking. Pertino's product suite includes AppScape, a platform for managing network functions as virtual services; SecurityPolicy, which allows for the enforcement of access control policies; and ADConnect, which extends Active Directory services to remote devices. Additionally, Pertino provides tools such as UsageMonitor for bandwidth tracking and GeoView for device location visualization. With a customer base exceeding 5,000 and a presence in over 70 countries, Pertino is positioned as an innovative alternative to traditional WAN solutions, empowering organizations with enhanced visibility, security, and control over their networks.

Ravello Systems

Series A in 2011
Ravello Systems Inc. is a provider of cloud-based virtualization software solutions, specializing in nested virtualization technology. Founded in 2011 and based in Palo Alto, California, Ravello allows enterprises to encapsulate multi-VM applications and run them seamlessly across various environments, including on-premises and public clouds, without requiring modifications. Its offerings include the ability to develop and test VMware and KVM applications with complex networking on platforms like AWS and Google Cloud, as well as virtual training solutions for deploying multi-VM application environments. Additionally, the company provides on-demand OpenStack labs for development and testing, as well as VMware ESXi lab environments for demos and proofs of concept. This flexibility empowers developers, DevOps teams, and IT professionals to leverage the extensive resources of the public cloud for their application development and testing needs. As of March 2016, Ravello Systems operates as a subsidiary of Oracle Corporation.

ConteXtream

Series B in 2010
ConteXtream is a privately held software company based in Santa Clara, California, specializing in cloud-based network virtualization technology. It offers a pioneering framework that enables network operators to enhance the performance and profitability of their broadband networks through proven virtualization and grid technologies. The company's Service Delivery Grid is designed to deliver higher network performance at a lower cost per subscriber, allowing operators to customize applications for individual subscribers, thereby creating a highly personalized user experience. ConteXtream's carrier-grade network visualization technology is utilized by Tier-1 operators, facilitating the elastic connection of subscribers to services and enabling the virtualization of functions on standard server hardware, ultimately replacing traditional proprietary systems.

Unisfair

Venture Round in 2009
Unisfair is a prominent provider of virtual business environments, specializing in solutions for virtual events, trade shows, and conferences. Its technology is utilized by notable companies such as IBM, Intuit, ADP, EMC, and Novartis to foster engagement with customers, partners, and employees. Unisfair offers tools like Position Manager, which allows employers to efficiently create, post, and update job listings within virtual booths or job centers. The company's clientele includes corporations, media and publishing firms, event organizers, and healthcare organizations, highlighting its versatility across various sectors. Unisfair was acquired by West Corporation in March 2011, further solidifying its position in the virtual engagement market.

Unisfair

Venture Round in 2008
Unisfair is a prominent provider of virtual business environments, specializing in solutions for virtual events, trade shows, and conferences. Its technology is utilized by notable companies such as IBM, Intuit, ADP, EMC, and Novartis to foster engagement with customers, partners, and employees. Unisfair offers tools like Position Manager, which allows employers to efficiently create, post, and update job listings within virtual booths or job centers. The company's clientele includes corporations, media and publishing firms, event organizers, and healthcare organizations, highlighting its versatility across various sectors. Unisfair was acquired by West Corporation in March 2011, further solidifying its position in the virtual engagement market.

ConteXtream

Series A in 2007
ConteXtream is a privately held software company based in Santa Clara, California, specializing in cloud-based network virtualization technology. It offers a pioneering framework that enables network operators to enhance the performance and profitability of their broadband networks through proven virtualization and grid technologies. The company's Service Delivery Grid is designed to deliver higher network performance at a lower cost per subscriber, allowing operators to customize applications for individual subscribers, thereby creating a highly personalized user experience. ConteXtream's carrier-grade network visualization technology is utilized by Tier-1 operators, facilitating the elastic connection of subscribers to services and enabling the virtualization of functions on standard server hardware, ultimately replacing traditional proprietary systems.

KACE Networks

Series B in 2006
KACE Networks, Inc. is a systems management appliance company headquartered in Mountain View, California, with additional offices in North America, Europe, and Asia. Founded in 2003, it specializes in providing solutions for managing desktops, laptops, and servers. The company's flagship product, the KBOX Systems Management Appliance, addresses a wide range of systems management needs, including initial discovery, computer inventory, software distribution, configuration management, patch management, security audits, asset management, help desk services, remote control, and reporting. KACE Networks also offers the KBOX Systems Deployment Appliance, which supports computer inventory assessment, operating system and application provisioning, migration, and recovery. Additionally, it provides Virtual KBOX Systems Management Appliances for virtual environments and AppDeploy, a resource for IT professionals focused on application and system deployment. The company's offerings include software license compliance, regulatory compliance, cross-platform management, virtualization management, and power management solutions. KACE Networks operates as a subsidiary of Dell Inc. since February 2010.
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