PlateSpin
| Subsidiary of public company | |
| Industry | software development |
| Founded | 1999, then again in 2003 |
| Founder | Robert Reive, co-founders David Richards, Bruno Baloi and M. Verdun |
| Headquarters | Toronto, Canada |
|
Key people
|
Stephen Pollack, John Stetic, Adam White, Ari Glaizel, Kenny Kerr, Dan Sieroka, David Krenos |
| Products | virtualization management, workload management, Original May 2003 Patent App https://www.google.com/patents/CA2363411A1 |
| Website | http://www.platespin.com/ |
PlateSpin is a software solution suite of Micro Focus International. Originally a standalone software company headquartered in Toronto, Canada, registered in Delaware, US as Platespin Inc. and founded by Robert Reive in 1999 with co-founders added later David Richards, Bruno Baloi and M. Verdun. Intel corp. via the Intel64fund was a key investor, along with 4Quarters Capital, Castlehill Ventures(Barry Laver) and AltaMira, the latter three all of Toronto, Canada. The original product for which the patent was filed was the Platespin Operations Center, the first usable VM provisioning tool for low cost deployment of servers in their VMs to Vmware ESX and GSX on 64bit processors. Platespin Operations Centre was designed to reduce operations cost and more efficiently use the resources of large servers, as well as deal with routine security patches to software servers and their OS efficiently. Today Platespin is a NetIQ suite of software solutions that help manage physical and virtualized server workloads on VMware, Microsoft Hyper-V, KVM or Citrix XenServer.
After the 911 financial meltdown, Platespin's immediate market opportunity shrank rapidly, as most large early customer Opportunity IT budgets were frozen, and as a result the team was disbanded by their major interests by mid 2003, but not after first winning a 2003 award from Giga Research as "Most promising new technology in a new category: Software Server Provisioning".
Later re-formed in late 2003 from a Receivership as an Ontario, Canada ltd. numbered company dba Platespin, a few key members of the original software development, packaging and business development team were rehired to refocus previously created Platespin's product line value on the Novell Channel marketing opportunity, focusing on converting physical servers to virtual servers for Vmware under the Power2Convert label, causing the re-worked company to rapidly grow from $0 to $25M in five years through Platespin's early Novell reseller/integrator channels.
PlateSpin won an International Stevie Award in 2006 for best overall company and earned several high growth awards in Canada and the United States.
In 2006, the company reached the milestone of over 2,500 customers worldwide and more than tripled its global headcount to over 150 employees.
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