Jelastic

Jelastic was founded in 2010 to create offerings in the cloud services market. The main area of ​ ​ activity is the provision of cloud hosting for new and existing web applications. The company's platform-as-a-service simplifies the process of deploying web applications in the cloud with a convenient user interface and a variety of supported technologies.

Jelastic PaaS is a platform that provides vertical scaling, 100% support for the standard technology stack, high availability functions. Jelastic cooperates with the largest hosting providers of different countries, thus, the service becomes globally available, and users are not limited in choosing a host.

Jelastic covers all kontineta and cooperates with many companies, providing the public and private cloud-based decision in such European countries as Finland (Planeetta Internet), Germany (dogado), Sweden (Elastx), the United Kingdom (Layershift, Centerprise and Lunacloud), France (Magic Online), the Netherlands (Hostnet and info.nl), Switzerland (innofield) and also in Luxembourg (Telecom Luxembourg).

History

In December 2010, Jelastic attracted seed investments from the Runa Capital venture fund, and in May 2012, $2 million from venture funds Almaz Capital Partners and Foresight Ventures. In the spring of 2012, Jelastic received a grant of $1 million from the Skolkovo Foundation for the development of a new generation of cloud service - an auto-scalable private hosting platform for Jelastic Private Cloud (JPC) enterprise applications.

2021: Virtuozzo bought Jelastic

In early October 2021, Virtuozzo bought the Ukrainian developer PaaS-solutions Jelastic. Financial details of the transaction are not disclosed.

Many PaaS providers tend to focus on providing a single solution. However, Jelastic offers a reliable multi-purpose solution that, thanks to the deal, will allow Virtuozzo to become a strong player in the PaaS market and further strengthen Virtuozzo's position in the fast-growing cloud services space.

Virtuozzo acquired Jelastic

Virtuozzo and Jelastic have partnered over the past 10 years thanks to our complementary technologies and products, "said Virtuozzo CEO Alex Fine. - Virtuozzo containers have been included in the PaaS platform Jelastic for virtualization since the release of this solution. In the framework of cooperation, our teams of engineers together developed solutions that allow us to realize the functions required by the market. And now that Jelastic has joined us, Virtuozzo can offer a complete enterprise-level cloud turnkey platform with fully integrated orchestration and a single point of control.

By acquiring Jelastic, Virtuozzo can help its service provider partners achieve high return on investment by both attracting new end users and retaining existing customers by incorporating XaaS use cases, providing more advanced automation, and simplifying their own DevOps processes.

Jelastic will continue as a division of Virtuozzo. Jelastic CEO Ruslan Sinitsky has been appointed Technical Director of Virtuozzo.

According to a Gartner study, in 2022 the PaaS market will be valued at about $71 billion. Cloud services (such as PaaS) are expected to show growth with a high margin of about 27%.^[1]

2012: The Oscar in the world of Java went to the innovative cloud platform Jelastic

The winners of the 2012 Duke's Choice Award were announced by the Oracle team on the eve of the largest annual event in the world of Java - the JavaOne conference in San Francisco, California. The company "Jelastic," which at this stage develops a "cloud" service of a new generation - an auto-scalable hosting platform for Java and PHP applications, became the winner in the nomination "Technology Leader."

Duke's Choice Awards are a celebration of innovation in the world of Java technologies. Such an award can be obtained only by the most innovative, "advanced" and grandiose Java projects. This is a 10-year tradition within the community and victory is, of course, a high honor in the world of Java. The main criterion of the award is innovation. Jelastic's contribution to the world of Java is the development of the Jelastic Java Cloud cloud hosting platform.

Jelastic shared the podium with nine more projects, including the Hadoop Project distributed computing framework, the online tutor platform Parleys.com and Liquid Robotics - an information collection system in the ocean (a project of Java language creator James Gosling). What is interesting - James also actively uses the Jelastic platform and notes this in his many presentations.

Trends in the development of cloud platforms towards application auto-scaling and the expansion of the supported software stack have long been known, but all existing solutions today require the developer to change code, additional settings and configurations. Jelastic works differently: you do not need to make any changes to the code, change the programming language or use the Jelastic API. Jelastic supports any JVM application, including Java, JRuby, Scala, Groovy, and ColdFusion/CFML. Jelastic also fully automates the scaling process: if the application needs more resources, Jelastic automatically provides them; as soon as the need for them disappears, they decrease. Thus, the user pays only for the resources used. Jelastic uses virtualization to run guest operating systems that run the components the application needs. This makes this Java server hosting solution much more efficient than the first generation of virtual machine-based clouds.

"We are honored to receive the Oscar of Java technologies - The Duke's Choice Award," says Jelastic founder and CEO Sinitsky Ruslan. "In just a year of existence, our company has changed the course of the game in cloud computing, providing the first auto-scalable platform without restrictions, available worldwide: in the USA, Germany, Great Britain, Russia and Japan. We are grateful to our partners, such as Parallels, NGINX, GlassFish, MariaDB, Runa Capital and Almaz Capital, who helped us achieve this high goal. Jelastic's plans for next year are to increase the number of hosting partners around the world, improve technology and, most importantly, make life even easier for developers. "

2015: Jelastic Office in Malaga (Spain)

Jelastic, the company that merged PaaS and IaaS under one solution, announced in March 2015 the opening of an office in Malaga, southern Spain.

Jelastic plans the following activities and projects in Malaga:

• Working with GMV's current Spanish private cloud client
• Further development of successful cooperation with 2 local hosting providers
• Announcement about the conclusion of contracts with Spanish hosting providers, which are now in the negotiation stage
• Attracting new users of the private and public cloud in Spain
• Interaction with local governments for mutually beneficial cooperation and establishment of useful links

Notes