VKernel reports a healthy growth

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VKernel made a big progress in the last few months. It culminated with a Round B investment of $7 million, which is not exactly easy to get during a worldwide financial crisis.

Along with its product portfolio and its executive leadership, also its popularity is rapidly expanding.
In face the company reported yesterday a 260% growth in new customers acquisition in H1 2009 compared to the previous year.

As the virtual infrastructures grow in complexity the customers realize the need for a chargeback solution and the VKernel flagship product sales skyrocket.
It must be seen if this trend will continue as soon as their partner VMware will turn into a competitor by releasing its own chargeback product that was announced in January.