Scale Computing hauls in cash bundle from Lenovo and pals
Hyperconverged kid takes a cash injection
Scale Computing has announced a $34.8m F-series round, in which new partner Lenovo is the biggest investor. New and existing financial investors also participated and total known funding stands at $104m.
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Jeff Ready, CEO at Scale, said the investment "will fund the continued expansion of its international sales and marketing activities, broaden its channel partner program and accelerate the product development of its edge computing platform. New funding will provide for addition investment in partner account resources, technical and sales training and enablement programs, market development funds for authorized partners and additional product feature development benefiting managed service providers."
The firm has circa 3,000 customers.
Last week Lenovo and Scale announced a worldwide hookup to sell edge computing products to retailers, distributed enterprises, and SMBs.
In this case edge products are hyperconverged variants of remote and branch office (ROBO) systems. Scale Computing’s HC3 software has a self-healing capability, patented as HyperCore, which is said to reduce system maintenance for ROBO sites.
We asked the firm how customers know that HyperCore (self-healing tech) has fixed a problem. It said: "All the actions are logged, and alerting can be configured based on the severity of the problems identified and admin preferences. A full history is kept to see the conditions that led up to a failure, how the failure was identified, what actions were taken, and whether or not the failure was fully resolved."
Other Lenovo-Scale customers include Ahold Delhaize, a global supermarket retailer, Genting Group, the third largest casino company in the world, and Farm Bureau Insurance.
Scale has claimed its revenue has more than doubled over the past two years and retail sector sales are up fourfold. But it has not released numbers that can give us a sense of the, er, scale of the business. If Scale has a retail ROBO edge then we can expect more news to follow.