terraspring
A software development platform
About terraspring
TerraSpring, Inc. operated as an infrastructure automation software company, originating from Fremont, California, in 1999. The firm was established by veterans from Sun Microsystems. Initially conceived as a service and storage provider (SSP) during the dot-com boom, the company pivoted its business model to focus on resource management and virtualization software following the market correction.
The company successfully raised $59.7 million in funding from a consortium of high-profile investors, including Accel, Mohr Davidow Ventures, EMC Ventures, and Hewlett-Packard (HP). This capital fueled the development of its core product, a software platform designed to revolutionize data center economics. The technology enabled IT administrators to create a centralized, virtual pool of computing resources—such as servers, storage, and networking—that could be provisioned and repurposed in minutes through a simple web browser interface. This solution provided automated deployment, management, and control across heterogeneous computing environments, supporting various operating systems like Windows NT, Solaris, and Linux.
TerraSpring's software positioned it as a key player in the nascent field of autonomic computing, a vision for self-managing data centers. Its technology was utilized by major industry players, including HP and IBM, for their own adaptive infrastructure initiatives. The company's strategic importance culminated in its acquisition by Sun Microsystems in November 2002 for an estimated $35 million. Sun integrated TerraSpring's software into its ambitious N1 portfolio, a strategic initiative aimed at simplifying the management of complex data centers and advancing the development of autonomous computing systems.
Source: Dealroom company dataAt a glance
- Founded
- 1999
- Headquarters
- Fremont, United States
Knowledge graph
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later4 investors entered at this stage
EMC
HP
Accel
Mohr Davidow Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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