Grenoble-based VATES Raises €30 Million to Challenge VMware in Virtualization Market
VATES, a profitable and self‑financed software editor from Grenoble that has been operating for about ten years, announced a €30 million funding round. The capital increase is intended to boost its tech and sales capabilities and to capture a larger share of the market as VMware re‑opens its competition, requiring VATES to have the resources and partners for large‑scale deployments.