Ravello Systems

Cloud-based Testing and Development Solutions

Business Software
Acquired (Inactive) by Oracle on Feb 2016 - closed due to acquisition

Company Overview

Snapshot

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

Business overview

Ravello Systems provided cloud application hypervisor solutions, enabling enterprises to encapsulate multi-VM applications and run them on-premises or in any cloud without modifications. The company offered its services via a SaaS model, primarily serving developers and IT professionals who utilized the public cloud for application development and testing. Ravello Systems operated in the Business Software sector, focusing on IT, R&D, and Data Solutions, with core technologies in Platforms & Interfaces, Software, Data Storage, and Cloud for enterprise and professional services customers.

Strategic signal

In July 2019, Oracle shut down the operations of its Israeli subsidiary, Ravello Systems. This event signals the conclusion of Ravello's independent product offering under Oracle, indicating a strategic shift or integration completion within the acquiring company's broader cloud portfolio.

Company Intelligence Q&A

What was the most significant corporate event for Ravello Systems?
Ravello Systems was acquired by Oracle in February 2016. Following the acquisition, Ravello Systems operated as an independent division of Oracle Inc. before its eventual shutdown.
What was the outcome for Ravello Systems after being acquired by Oracle?
After its acquisition by Oracle in February 2016, Ravello Systems continued to operate as an independent division. However, in July 2019, Oracle shut down the operations of Ravello Systems.
Which investors participated in Ravello Systems' B Round funding?
In December 2012, Ravello Systems secured B Round funding with participation from.
What technology did Ravello Systems offer?
Ravello Systems developed a cloud application hypervisor that allowed businesses to run multi-VM applications on any cloud or on-premises environment without requiring application changes. This technology facilitated development and testing in the public cloud.

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