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May 22, 2013

Cloudscaling Closes $10M in Series B Funding

Cloudscaling has closed $10 million in a Series B funding, which will help the San Francisco-based company build out its cloud infrastructure Open Cloud System (OCS) to suit a new class of enterprise applications that want to build on OpenStack.

Trinity Ventures and two new investors, Juniper Networks (News - Alert) (through its Junos Innovation Fund) and Seagate, participated in the funding.

The new financing round caps a “tremendous year of momentum” for the company, according to Michael Grant, CEO of Cloudscaling.

“That momentum affirms the voice of the market, clearly stating that customers want more than OpenStack. They want an on-premise, OpenStack-based private or public cloud turnkey system solution that delivers architectural and behavioral fidelity with major public clouds like Amazon Web Services (News - Alert),” Grant said in a statement. “Our Open Cloud System product delivers on that need to enable hybrid cloud application deployments that span private and public cloud services.”

In April, Cloudscaling and Juniper announced the first step in their partnership. Cloudscaling is delivering its elastic cloud infrastructure solution that combines Cloudscaling’s OCS with Juniper’s virtual network control (VNC) technology to provide advanced networking technology for enterprise and service provider customers. At the same time, Cloudscaling announced Open Cloud System 2.5, the company’s OpenStack-powered cloud infrastructure system.

OCS is an OpenStack-powered cloud infrastructure system for enterprises, SaaS (News - Alert) providers and cloud service providers. Cloudscaling and Juniper plan to continue delivering innovative, joint networking solutions that are open and standards-based to support elastic cloud services and a new generation of enterprise workloads.

Last month, Cloudscaling also joined the Seagate (News - Alert) Cloud Builder Alliance Partner program. As part of the program, Cloudscaling and Seagate are focused on the development of optimized storage solutions for OpenStack-powered cloud infrastructure.

Since January, Cloudscaling has brought on customers including LivingSocial (News - Alert), EVault, Ubisoft and DataFort. The company also launched a channel partner program and announced support for OpenStack Grizzly in the third generation of OCS technology, Open Cloud System 2.5.




Edited by Alisen Downey
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