Hyperconverged upstart Stratoscale raises $32m
Now has a war chest of $42m to take on storage giants
Data centre software startup Stratocale has raised a further $32m in funding as part of a bid to take on the storage and virtualisation markets.
The Israeli company drummed up funding from Intel Capital, Cisco Investments and SanDisk, as well as its original investors Battery Ventures and Bessemer Venture Partners – which last year provided $10m investment.
Chief executive Ariel Maislos said the funding would primarily be used for "go to market expenses" including building a customer support team and increasing sales and marketing capability.
The company's distributed data centre operating system is intended to transform standard x86 servers into a "hyper-converged" infrastructure.
The technology integrates "storage and compute," he said. "This creates disruption in the storage market, as customers no longer need to purchase and maintain a separate complex and costly storage infrastructure. It creates disruption in the virtualisation market by creating the only completely integrated hyper-converged platform in the market."
The product is currently in beta with a number of customers, with general availability planned for early next year. ®
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