SWsoft – Profile
HQ: Herndon, VA (formerly San Francisco, CA) with most of its employees in an R&D facility in Moscow, Russia.
Management: Serguei Beloussov, President and CEO, is a Russian engineer/entrepreneur who has been with the company since 1999.
Investors: In June 2005, the company raised its fir round of funding – 12.4$M – from Insight Venture Partners, Bessemer Venture Partners and Intel Capital.
Business Model: SWsoft sells server automation and virtualization software. Server virtualisation enables a single physical server to be split up into multiple virtual servers, allowing IT departments to make due with less. The company enjoys numerous enterprise and service clients. It has 500 employees and expects to add another 100 in 2005. In 2003, SWsoft acquired software companies Plesk of Chantilly, France and Confixx of Bremen, Germany.
Competitors: VMWare, Ensim, CoroSoft, Microsoft Connectix, Virtual Iron
Dirt: SWsoft sits in several hot markets and appears to be running hard. Intel has a strong interest in server virtualization so its investment and development agreement are a strong sign that things are headed in the right direction for SWSoft. This could be a big IPO in 2006.