DynamicOps was an American private software company headquartered in

Burlington, Massachusetts Burlington is a town in Middlesex County, Massachusetts, United States. The population was 26,377 at the 2020 census. History It is believed that Burlington takes its name from the English town of Bridlington, Yorkshire, but this has never b ...

which developed cloud automation and management solutions. It was acquired by

VMware VMware, Inc. is an American cloud computing and virtualization technology company with headquarters in Palo Alto, California. VMware was the first commercially successful company to virtualize the x86 architecture. VMware's desktop software ru ...

in 2012.

History

DynamicOps was founded and incorporated on January 31, 2008 by Richard Krueger (CEO and Founder), and publicly launched later that spring. The company leveraged technology developed by Credit Suisse's Global R&D group. Leslie Muller, who led that development effort while at Credit Suisse became the co-founder and CTO of DynamicOps. The company had raised a total of $27M in venture funding from Credit Suisse,

Intel Capital Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, so ...

Sierra Ventures Sierra Ventures is an American venture capital firm based in San Mateo, California. It is focused on early stage emerging technology companies. History The firm was founded by Peter Wendell in 1982 in Menlo Park, California. Early investments i ...

, and Next World Capital. Additionally, DynamicOps had a multi-year licensing and distribution agreement with

Dell Dell is an American based technology company. It develops, sells, repairs, and supports computers and related products and services. Dell is owned by its parent company, Dell Technologies. Dell sells personal computers (PCs), servers, data ...

, in which DynamicOps software was a component of Virtual Integrated System solution. In July 2012, DynamicOps was acquired by

for a price ranging from $100 to $150 million.

References

External links

Official website
{{Credit Suisse Financial services companies established in 2008 Cloud computing providers Credit Suisse Software companies based in Massachusetts Virtualization Venture capital firms of the United States Defunct financial services companies of the United States Defunct companies based in Massachusetts 2008 establishments in Massachusetts Software companies established in 2008 Financial services companies disestablished in 2012 Software companies disestablished in 2012 2012 mergers and acquisitions

History

See also

References

External links