This paper considers how to evaluate the resiliency for virtualized system with software rejuvenation. The software rejuvenation is a proactive technique to prevent the failure caused by aging phenomenon such as resource exhaustion. In particular, according to Gohsh et al. (2010), we compute a quantitative criterion to evaluate resiliency of system by using continuous-time Markov chains (CTMC). In addition, in order to convert general state-based models to CTMCs, we employ PH (phase-type) expansion technique. In numerical examples, we investigate the resiliency of virtualized system with software rejuvenation under two different rejuvenation policies.