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§ Private Profile · Minneapolis, MN, USA
VirtualZ Computing is a technology company.
VirtualZ Computing develops Lozen, a patented software platform providing real-time, no-code access to enterprise data, particularly from IBM Z mainframes. This technology allows organizations to instantly connect their legacy mainframe data with modern analytics platforms, cloud environments, and artificial intelligence models. Lozen is designed to eliminate the need for data replication, offering secure and direct data access without disruption or extensive coding.
The company was co-founded by Jeanne M. Glass, who serves as CEO, and Vince Re, the Chief Technology Officer and architect of Lozen's foundational technology. Re, an experienced visionary in data technology, conceived of a way to seamlessly unlock and integrate critical mainframe data, addressing a long-standing challenge for large enterprises seeking to leverage their most valuable datasets without complex migrations.
VirtualZ Computing serves organizations that rely on mainframe systems and require dynamic data access to drive digital transformation initiatives. The company's vision is to empower enterprises by making all their data instantly accessible for advanced analytics and AI, transforming the paradigm of hybrid mainframe data integration and accelerating business innovation.
VirtualZ Computing has raised $2.0M across 1 funding round.
VirtualZ Computing has raised $2.0M in total across 1 funding round.
VirtualZ Computing is a technology company specializing in mainframe software that enables seamless, no-code, real-time access to enterprise data across hybrid cloud environments. Their product suite—including PropelZ™, FlowZ™, Lozen™, and Zaac™—facilitates integration of data from mainframes, cloud platforms, and legacy systems, empowering enterprises to unlock critical data for AI, analytics, compliance, and modernization without complex coding or replication[1][4][5]. VirtualZ primarily serves sectors requiring hybrid cloud data management, including government and large enterprises, helping them reduce costs, simplify data access, and accelerate AI and digital transformation initiatives[1][7].
Founded in 2018 and headquartered in Minneapolis, Minnesota, VirtualZ was established by a team of industry veterans with deep mainframe expertise, including co-founder and CTO Vince Re, a recognized innovator with multiple patents in enterprise software[3][5]. The idea emerged from the need to modernize and automate mainframe data access, overcoming the challenges of fragmented, siloed data that hinder AI and analytics adoption. Early traction came from delivering patented, no-code solutions that allow mainframe applications to use cloud storage as if it were native, enabling flexible workload shifting and cost savings[3][5].
VirtualZ is riding the wave of hybrid cloud adoption and AI-driven enterprise transformation, addressing the critical bottleneck of fragmented legacy data access. As organizations increasingly seek to leverage AI and analytics, VirtualZ’s timing is ideal, offering a bridge between mainframe reliability and cloud flexibility. Market forces such as rising data volumes, cost pressures on mainframe storage, and the demand for real-time insights favor VirtualZ’s solutions. By enabling mainframe workloads to dynamically shift to cloud environments and providing no-code data access, VirtualZ influences the broader ecosystem by accelerating mainframe modernization and hybrid cloud integration[1][3][4].
Looking ahead, VirtualZ is poised to expand its influence as enterprises deepen AI adoption and hybrid cloud strategies mature. Trends such as AI model training requiring vast, diverse datasets and the push for mainframe-as-a-service (zWaaS™) will shape their growth trajectory. VirtualZ’s continued innovation in no-code, secure, and scalable data access positions it to become a critical enabler of digital transformation for legacy-dependent organizations. Their leadership in mainframe modernization and hybrid cloud data integration suggests a future where mainframe data is fully democratized for AI and analytics, driving new business value across industries[3][4][5].
VirtualZ Computing has raised $2.0M in total across 1 funding round.
VirtualZ Computing's investors include Next Frontier Capital, Dragonfly Capital Partners, Ethereal Ventures, General Catalyst, ParaFi Capital, Polychain Capital, Robot Ventures, David Hoffman, Fernando Martinelli, Julian Koh, Mariano Conti, Stani Kulechov.
VirtualZ Computing has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2023 | $2M Seed | Next Frontier Capital | Dragonfly Capital, Ethereal Ventures, General Catalyst, ParaFi Capital, Polychain Capital, Robot Ventures, David Hoffman, Fernando Martinelli, Julian KOH, Mariano Conti, Stani Kulechov, ZAK Cole, 2M Companies, Innosphere Ventures, Next Coast Ventures | Announced |