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IRIS and Bpifrance Back Vates with €30M for Global Expansion

Summary by Tech.eu
French virtualization company Vateshas raised €30 million from IRIS’ Growth fund and Bpifrance, through its LargeVenture fund, amid shifts in the global virtualization market.Changes to licensing mode...

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The Grenoblois company Vates is taking a new step with a fund-raising of 30 million euros. Already present in a hundred countries, it wants to accelerate its development internationally and strengthen its investments in order to impose itself among the major global players in its sector.

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A few weeks after entering Gartner's Magic Quadrant dedicated to virtualization platforms, Vates is once again "one" of the specialized sites. The Grenobloise company announces a fund raising of 30 million euros with IRIS and Bpifrance. The aim is to take advantage of the recomposition of the market caused by the [...]

Taking advantage of a supportive context, the French publisher of virtualization software Vates raised 30 million euros from Iris and Bpifrance.

Vates raises 30 million euros from IRIS and Bpifrance to become a world leader in computer virtualization. This French SME intervenes in the strategic market of server virtualization, a market until now dominated by VMWare, bought (more...) Cet article French SME Vates raises 30 million euros to become world leader in computer virtualization est apparu en premier sur La Revue du Digital.

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The Grenoblais publisher relies on open source and sovereignty to seduce companies disappointed by the American supplier.

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La Tribune broke the news in Paris, France on Tuesday, October 6, 2026.
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