Qumranet

Company Overview

Snapshot

Founded in January 2005 by Rami Tamir, Giora Yaron, and Benny Schnaider, Qumranet operated with 1–10 employees. The company was acquired by Red Hat in September 2008, marking a significant exit for its investors.

Business overview

Qumranet was an enterprise software company specializing in desktop virtualization. Its core technology centered on a platform that hosted desktops within kernel-based virtual machines on servers, utilizing the company’s proprietary SPICE protocol. Qumranet served the business software sector, providing solutions for enterprise and professional services.

Strategic signal

Qumranet's acquisition by Red Hat in September 2008 was a pivotal event, transforming the company into Red Hat's research and development center in Israel. This acquisition signaled Red Hat's strategic move to integrate Qumranet's virtualization technology, particularly its KVM product, into its offerings, thereby strengthening its position in the enterprise virtualization market.

Company Intelligence Q&A

When was Qumranet founded?

Qumranet was founded in January 2005.

Who were the founders of Qumranet?

Qumranet was founded by Rami Tamir, Giora Yaron, and Benny Schnaider.

What was a significant event for Qumranet in September 2008?

In September 2008, Qumranet was acquired by Red Hat, subsequently becoming Red Hat's research and development center in Israel.

Which investors participated in Qumranet's January 2007 funding round?

In January 2007, Qumranet received funding from Norwest Venture Partners and Sequoia Capital.

What was Qumranet's primary product?

Qumranet's primary product was KVM, a kernel-based virtual machine technology that allowed hosted desktops within kernel-based virtual machines on servers.