Vates Raises €30M for Open-Source Virtualisation
Vates raised €30M to expand its open-source enterprise virtualisation platform globally.
Enterprise infrastructure buyers are reassessing virtualisation stacks as they look for more flexible and open alternatives.
What happened
Vates raised €30M to expand its open-source virtualisation platform. The company serves enterprise cloud and data-centre environments and says international markets now drive most of its revenue.
Why it matters
Virtualisation is critical infrastructure, not a niche software category. As companies revisit vendor lock-in and data-centre strategy, open-source alternatives can become more attractive for cost, control and sovereignty reasons.
The bigger picture
AI infrastructure demand is putting renewed attention on the lower layers of the stack. Vates fits the broader push for resilient, sovereign and open infrastructure beneath enterprise and cloud workloads.