The company was founded in 2005 by CEO Benny Schnaider, with Rami Tamir as president, Moshe Bar as CTO, and chairman Giora Yaron.[1] Qumranet had raised $20 million in two financing rounds from its founders, Norwest Venture Partners, Cisco Systems, and Sequoia Capital, in addition to investment by the founding partners.[1]
The company's first product, named "Solid ICE", hosted Windows and Linux desktops on central servers located in a data center.[2]
The Ra'anana-based company developed a virtualization technology for IT data centers.[1][3]
From a very low-profile Israeli startup the company made waves with the rapid acceptance of KVM into the Linux kernel, and their Solid ICEdesktop virtualization platform has received serious attention.[4][5][6][7]
Avi Kivity was the lead developer and maintainer of the Kernel-based Virtual Machine project from mid-2006, that has been part of the Linux kernel since the 2.6.20 release in February 2007.[8]
Qumranet was on the Gartner Group's 2008 list of "Cool Vendors," an award given to small companies with advanced technology.[9]