# AirVM

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airvm

- Industry: Software
- Headquarters: Ottawa, Canada
- Website: www.airvm.com
- Total disclosed funding: $8M
- Latest round: Series A (Aug 27, 2015)
- Investors on record: 2

## About

AirVM provides cloud management and virtualization solutions that enhance IT operations for businesses, primarily focusing on managed service providers and enterprises to streamline their cloud services.AirVM specializes in cloud management and virtualization solutions aimed at improving IT efficiencies for businesses. Based in Ottawa, Canada, AirVM was founded by Joshua Vautour, who has a history of entrepreneurial ventures. The company raised USD 8.00 mn in a SERIES A funding round in August 2015, led by RHO Capital Partners with participation from Build Ventures, marking its first significant investment target.AirVM offers a comprehensive suite of cloud management platforms designed for automated provisioning, resource management, and billing for cloud services. These products assist organizations in addressing challenges related to resource allocation and service delivery, primarily targeting managed service providers and enterprises in sectors like technology, education, and healthcare. The company’s market reach extends to North America, Europe, and parts of Asia, which are seeing rapid advancements in cloud adoption and management practices.AirVM operates on a subscription-based pricing model, allowing clients to access their cloud management solutions for a recurring fee. This structure promotes predictable cash flow and establishes long-term client relationships, with typical agreements involving managed service providers and enterprises that implement AirVM’s platforms within their IT systems. Clients are offered tailored packages, often featuring tiered pricing based on usage or specific service options, which encourages broader adoption of their solutions.Following the USD 8.00 mn financing round in August 2015 led by RHO Capital Partners, AirVM plans to utilize the funds to develop new products aimed at enhancing their cloud management solutions. The company is also targeting expansion into additional geographic regions, including specific markets in Europe and Asia, by 2025. These initiatives are designed to strengthen AirVM’s position in the rapidly evolving cloud services sector.

## Funding rounds

- Series A, Aug 27, 2015, $8M — RHO, Build Ventures

## Investors

- RHO (https://capitalatlas.ai/funds/rho) — Series A
- Build Ventures (https://capitalatlas.ai/funds/build-ventures) — Series A