NanoVMs, Inc.

Run Linux Software Faster and Safer than Linux Through Unikernels

NanoVMs, Inc.

Run Linux Software Faster and Safer than Linux Through Unikernels

San Francisco, CA
Software & Services
NanoVMs is a California based company that is creating an operating system designed for today’s generation of cloud infrastructure. The OS was built for cloud-based computing; utilizing a unikernel approach which takes up minimal resources and space, all while improving application speed and computer security. NanoVMs offers software solutions, subscription services, and technical support from industry experts.

$72,550

raised
166
Investors
$20M
Valuation Cap
2.0%
Annual Interest Rate
$100.00
Min. Investment
1.0%
Discount Rate
Conv. Note
Offering Type
04/01/23
Maturity Date
Reg CF
Offering

$72,550

raised
166
Investors
$20M
Valuation Cap
2.0%
Annual Interest Rate
$100.00
Min. Investment
1.0%
Discount Rate
Conv. Note
Offering Type
04/01/23
Maturity Date
Reg CF
Offering

Rewards

Get rewarded for investing more into NanoVMs, Inc.:

$100+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
$500+
Receive an additional 5% bonus on the convertible note interest rate.
$1,000+
Investment
$1,000+
Receive an additional 7% bonus on the convertible note interest rate.
$2,500+
Investment
$2,500+
Receive an additional 10% bonus on the convertible note interest rate.
$5,000+
Investment
$5,000+
Receive an additional 15% bonus on the convertible note interest rate + Call with Founders.
$10,000+
Investment
$10,000+
Receive an additional 20% bonus on the convertible note interest rate + Call with Founders
$20,000+
Investment
$20,000+
Receive an additional 25% bonus on the convertible note interest rate + Call with Founders

Reasons to Invest

NanoVMs is building a patented new operating system, after 50 years of the same server-side operating system architecture.
NanoVMs has received revenue from the U.S. Airforce, including an Indefinite Delivery, Indefinite Quantity Contract (up to potentially $950M in value) for U.S. Air Force Advanced Battle Management System (ABMS).
Since founded in 2015, NanoVMs has raised over $2.4 million in funding, which includes $170k from the Department of Energy.

Overview


A new operating system on the horizon

The server operating system has remained the same for 50 years. As we store more of our data online and through servers, we risk our data being compromised by cyber threats.

NanoVMs is developing a new operating system to change the game. The new OS is unikernel based to run Linux apps safer and faster so you don’t have to compromise on security.

The Problem


Server operating systems are out-of-date

Cyber-security is a major concern for companies that rely on servers to store large amounts of data. Servers today can allow multiple users to access data at the same time, creating opportunities for data breaches and targeted cyber attacks. The current server operating systems aren’t designed for these types of attacks. Not only are data breaches costly, they can create distrust and customer loss  for companies.

The Solution


The unikernel, a cloud-based solution

NanoVMs uses unikernels, which are designed to run a single-program as an OS. Unikernels are single process machine images. Unlike the Windows or Linux OS, unikernels prevent multiple programs from running, which in turn prevents attackers from running their own software on your server.

The Market


Delving into the cybersecurity and DevOps market

The key audiences we’re impacting are developers and devops. The DevOps market is expected to be worth $15 billion by 2026, with a compound annual growth rate of 19.1%. This is a significant increase from the DevOps market worth in 2018, which was $3,708.1 million.

Meanwhile, the market for cybersecurity is already an existing $60 billion market. By 2025, the market is projected to grow to nearly $110.99 billion, and then to $182.32 billion by 2030

Our Traction


Patented and with revenue from the US Air Force

We have gained recognition in our 5 target markets: healthcare, finance, energy, telecom and government. Since we founded NanoVMs in 2015, we have raised $2.4 million in funding, which includes  $170k from the Department of Energy. We have also received revenue from the U.S. Air Force, which includes a 5-year Indefinite Delivery, Indefinite Quantity Contract for the U.S. Air Force Advanced Battle Management System (ABMS). This multiple-award contract gives NanoVMS a minimum of $1,000 up to a ceiling of $950M over the next 5 years.

Additionally, we have filed 4 patents, and have 2 issued for our technology.  We have run trials with Amgen, a multinational biopharmaceutical company. Recently we launched the new Nanos C2 product with revenue attached.

We have been profiled by Forbes, the Air Force, DOE, TechCrunch and the VMBlog.

What We Do


Creating OS solutions and providing tech support

We are developing a production-ready, unikernel platform. We offer a free, open-source base kernel and orchestration tool for DevOps users. Additionally, we run the Nanos C2 product which is a graphical web application that allows users to control their OS infrastructure as unikernels. We also offer technical support plans for performance engineering and software support including bug fixes, technical advice, and feature development planning. 

The Business Model


Annual and monthly software subscriptions

Our profits come through our SAAS licenses and the Nanos C2 product, as well as our technical support packages. We offer 3 Nanos Support subscription models: business ($600/month), small team ($300/month), and individual developer ($30/month). The Nanos C2 product can be purchased at a monthly rate of $7/user or as an annual package for $67.20/user/year (20% less). Meanwhile, NanoVMs Radar, our unikernel APM is sold single-user for Developer at $9/month or for Small Team at $25/month.

How We Are Different


Unikernels address both containers and Linux security issues

The current market of cybersecurity support is primarily focused on other operating systems rather than Linux. However, our unikernel technology addresses  containers security issues and normal Linux security issues. 

*Comparison data computed based on management’ experience.


The Nanos kernel has only a tenth of 1% of the attack service compared to Linux. We are able to achieve speed and security with less code, libraries, and executables. Not having the concept of users or multiple processes gives us a huge boost in security and performance.

The Vision


The go-to OS for virtualized workloads

Our goal is to revolutionize the server infrastructure environment through our unikernel OS. We anticipate doing this by scaling our team size to thousands of employees and building a strong, core outbound sales team. We are currently growing our team of kernel engineers. In the next few years, we want to be the number one server-side operating system for virtualized workloads including all public cloud data.

OUR LEADERSHIP


Professionals in the tech industry 

We are a team with years of professional experience in unikernels and the tech industry. Many of our kernel engineers have worked at storage and networking companies in Silicon Valley before joining us at NanoVMs.

Ian Eyberg, CEO: Ian is the founder and CEO of NanoVMs and a frequent speaker on the subject of unikernels. He holds 2 issued patents on unikernels and 2 more filed.

Will Jhun, Principal Kernel Engineer: Will is an outstanding principal kernel engineer. He has attended Stanford, and worked at companies such as Cisco. Will was responsible for spearheading the effort to reverse engineer AWS instances and adding support to run Nanos on AARCH64 platform.

Justin Sanders, Sr. Kernel Engineer: Justin attended the University of Georgia and has worked at companies like Coraid. Justin has extensive hypervisor, networking and SMP related work.

Francesco Lavra, Sr. Kernel Engineer: Francesco is a highly talented kernel engineer that is capable of breaking down extremely technical problems and swiftly coding up solutions. Francesco was responsible for initial Firecracker integration and more.

Fabio Ferreria, Sr. Backend Software Engineer: Fabio leads our backend software engineering with emphasis on OPS, is wholly responsible for the Nanos C2 product and works on other un-announced projects in the domain.

Why Invest


Invest in the future: an OS that is designed for cloud-based cyber-attacks

NanoVMs is here to stay: we’re creating an operating system that we see as a long-term solution for today’s cloud-based cyber-attacks. Our product supports the most popular  server-side operating system, Linux. This is critical, as Linux is behind the world’s largest tech companies including Google, Facebook, and Uber. Our unikernel approach provides speed and security so companies can prevent cyber-attacks before they happen. Our software will help support 5 large markets: healthcare, finance, energy, telecom and government, but we are just getting started. Join us on the quest to change the server-side OS by providing a solution which is built for today’s world of cloud-based computing.

In the Press

You'll Never Believe The Disruptive Innovation At VMworld
January 1, 2017

The days of massive, vendor-independent enterprise technology conferences like Comdex are long gone. Today, all the action is at the big vendor shows, like Dell Technologies World, IBM Think, CA World, and last week’s VMworld, to name a few.

More companies enter ABMS innovation pipeline
January 1, 2017

The Department of the Air Force has selected eight additional companies to compete for the opportunity to develop, test and integrate new capabilities for the Advanced Battle Management Systems (ABMS).

Department of Energy Contract Award: Unikernel Isolation for Secure SCADA
January 1, 2017

Department of Energy Contract Award: Unikernel Isolation for Secure SCADA

TechCrunch

DeferPanic secures $1.5 M seed round to popularize unikernel concept

Tag Cyber

Shrink Wrap Your OS

VMBlog

NanoVMs Announces First Plug and Play Unikernel Tool

American Express

Cryptojacking: The Newest Trick Up Hackers' Sleeves

Hospitality Technology

Cyber Security Experts Weigh In on Marriott/Starwood Data Breach

SD Times

SD Times news digest: NGINX API Management Module, GitHub Enterprise, and K2 acquires K2NE

Security Roundtable

Goodbye Ransomware, Hello Cryptojacking!

Journal of CyberPolicy

SEEKING THE ROOT CAUSES OF CYBER INSECURITY, PART II – BROWSERS AND OPERATING SYSTEMS

Tech Target

Unikernels vs. containers: See the lightweight championship fight

Database Trends and Applications

What We Can Learn from the Marriott Data Breach

Offering Summary


Company

:

NanoVMS, Inc.

Corporate Address

:

148 Townsend St, San Francisco, CA 94107

Offering Minimum

:

$10,000.00

Offering Maximum

:

$4,031,600.00

Minimum Investment Amount

(per investor)

:

$100.00











Terms


Offering Type

:

Convertible Promissory Notes

Type of Equity Converted Into

:

Preferred Stock

Conversion Trigger

:

$10,000,000.00

Maturity Date

:

April 01, 2023

Valuation Cap

:

$20,000,000.00

Discount Rate

:

1.0%

Annual Interest Rate

:

2.0%
















What is a Convertible Note?

A convertible note offers you the right to receive Preferred Stock in NanoVMS, Inc.. The amount of Preferred Stock you will receive in the future will be determined at the next equity round in which the Company raises at least $10,000,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $20,000,000.00  Valuation Cap or if less, then you will receive a 1.0% discount on the price the new investors are paying.  You also receive 2.0% interest per year added to your investment.  When the maturity date is reached, if the note has not converted then you are entitled to receive Preferred Stock equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).



*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

Time-Based:

Friends and Family Early Birds
Invest within the first 48 hours and receive an additional 25% bonus on the convertible note interest rate.

 Super Early Bird Bonus
Invest within the first week and receive an additional 10% bonus on the convertible note interest rate.

 Early Bird Bonus
Invest within the two weeks and receive an additional 5% bonus on the convertible note interest rate.

 

Amount-Based:

$500+: Receive an additional 5% bonus on the convertible note interest rate.

$1,000+: Receive an additional 7% bonus on the convertible note interest rate.

 $2,500+: Receive an additional 10% bonus on the convertible note interest rate.

 $5,000+: Receive an additional 15% bonus on the convertible note interest rate + Call with Founders.

 $10,000+: Receive an additional 20% bonus on the convertible note interest rate + Call with Founders

$20,000+: Receive an additional 25% bonus on the convertible note interest rate + Call with Founders

*All perks occur when the offering is completed.

The 10% Bonus for StartEngine Shareholders

NanoVMS Inc. will offer 10% additional bonus interest for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

Eligible StartEngine shareholders will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this Offering. This means your annual interest rate will be 2.2% instead of 2%.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$426,619.00 USD
$52,539.00 USD
Cash And Cash Equivalents
$382,744.00 USD
$24,729.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$729.00 USD
$65,377.00 USD
Long Term Debt
$968,399.00 USD
$0.00 USD
Revenues And Sales
$8,983.00 USD
$32,100.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$19,282.00 USD
$14,575.67 USD
Net Income
-$439,103.00 USD
-$740,029.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

New Customers and New Oracle Cloud Support

6 hours ago

Since launching the campaign we've had new customers sign up for Nanos C2 and existing customers onboard to NanoVMs Radar which is our new APM solution focused on unikernels and was launched right before this campaign.

The latest release of our open source unikernel orchestrator, OPS now has full VirtualBox support and can now deploy to Oracle Cloud Infrastructure.

Show More Updates End of Updates

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