Stealth virtualization company Tonian Systems has raised $1 million in seed funding, as reported by Scott Kirsner in the "Boston Globe." The funding was raised from Charles River Ventures and Cedar Fund.
Tonian's co-founders are Sharon Azulai and Adam Kaplan and the company recently hired Danit Segev as vice president of R&D. She previously ran R&D for NetApp.
According to the "Boston Globe," Kaplan says the company intends to remain in stealth mode for a while. But "I can tell you that we are developing software in the enterprise infrastructure and virtualization space," he wrote via e-mail.
Tonian's small team is divided between Charles River's Waltham office and Israel.
The company plans to set up its engineering team in Israel, but have key management and marketing executives in Massachusetts.
Bruce Sachs led the investment for Charles River and Motti Vaknin for Cedar.
Kaplan told the "Boston Globe" that Tonian took its name from the Tonian era, a geologic period that lasted for about 150 million years. "We plan to be around for a long time and create a new Tonian era," Kaplan wrote.
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