Ravello Systems

Company Overview

Snapshot

Founded in February 2011 by Benny Schnaider and Rami Tamir, Ravello Systems operated with 1–10 employees. The company raised $54,000,000 across 3 funding rounds from 7 investors. Ravello Systems was acquired by Oracle in February 2016.

Business overview

Ravello Systems provides a cloud application hypervisor that enables enterprises to encapsulate multi-VM applications and run them on-premises or in any cloud without modifications. The company offers its solution as a SaaS platform, facilitating developers and IT professionals in utilizing public cloud environments for application development and testing. Ravello Systems operates within the Business Software sector, focusing on IT, R&D, and Data Solutions, particularly in data architecture, cloud, and data centers.

Strategic signal

In July 2019, Oracle shut down the operations of its Israeli subsidiary, Ravello Systems. This event signals the conclusion of Ravello Systems' independent operations and integration within Oracle, indicating a strategic shift in Oracle's cloud offerings and potentially the discontinuation of Ravello's specific product line.

Company Intelligence Q&A

When was Ravello Systems acquired?

Ravello Systems was acquired by Oracle in February 2016.

What was the last disclosed funding round for Ravello Systems?

In January 2015, Ravello Systems secured a funding round with participation from.

What was a key product development for Ravello Systems in 2014?

In November 2014, Ravello Systems launched new technology aimed at integrating cloud environments.

What happened to Ravello Systems' operations after its acquisition?

In July 2019, Oracle shut down the operations of its Israeli subsidiary, Ravello Systems.

When did Ravello Systems enable enterprises to accelerate development with Google Cloud Platform?

In April 2014, Ravello Systems enabled enterprises to accelerate the development of complex applications and Android mobile clients with Google Cloud Platform.