Herzliya-based Stratoscale, which has developed a software platform for hyper-convergence, today announced its series B funding of $32 million. The finiancing round was led by Intel Capital, with participation by Cisco Investments and SanDisk, as well as other investors including the original series A investors, Battery Ventures and Bessemer Venture Partners (BVP).
“With over $40 million total funding since inception, we are positioned to deliver the first pure-play software architecture for hyper-convergence,” said Stratoscale co-founder and CEO Ariel Maislos. “Our customers are telling us we have unique technology and new ideas which are reinventing virtualization at scale. This additional funding will allow us to complete our product development as well as build out global sales and marketing.”
Stratoscale’s distributed data center operating system transforms standard x86 servers into a hyper-converged infrastructure solution combining high performance storage with efficient cloud services while supporting both containers and virtualization on the same platform.
“Stratoscale’s software helps customers optimize their data center infrastructure to meet the needs of both existing and new applications,” said Jason Waxman, vice president and general manager, Cloud Platforms Group, Intel. “By intelligently aggregating heterogeneous infrastructure into shared pools of compute, network and storage resources, Stratoscale is addressing the need for greater efficiency of application management at scale.”
“Stratoscale’s promising architecture offers exciting new potential to quickly deliver flash storage benefits to the data center in a new and highly flexible way,” said Rene Hartner, vice president of corporate business development at SanDisk.
“StratoScale’s approach to the convergence of data center infrastructure components, delivered at the rack-level, is unique in the marketplace and has the potential to enable efficient pooling of different Infrastructure-as-a-Service resources for Enterprises and Cloud Service Providers,” said Yoav Samet, vice president, Corporate Development, Cisco.
Published by Globes [online], Israel business news - www.globes-online.com - on November 4, 2014
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