Qualcomm Backs Ravello For Virtualization Software

San Diego-based Qualcomm has made an investment in virtualization software developer Ravello Systems, Ravello said this morning, as part of a $28M funding round. The funding came from Qualcomm Ventures, SanDisk Ventures, along with Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners. Ravello is based in Palo Alto. Ravello is developing software which allows VMware virtual machines to run under Amazon Web Services (AWS). More information »