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Home - OpenStack company Mirantis scores $100M in funding, Intel collaboration
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OpenStack company Mirantis scores $100M in funding, Intel collaboration

by Dan Meyer August 25, 2015
written by Dan Meyer August 25, 2015 Share
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Mirantis, Intel plan to bolster OpenStack enterprise-focused cloud initiative

OpenStack cloud software continues to garner deployment and investment interest as Mirantis announced a $100 million funding round.

The “pure plan OpenStack company” said the latest round of financing was led by Intel Capital, with funding also provided by new investors Goldman Sachs and existing investors August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures (formerly SAP Ventures) and WestSummit Capital. Mirantis said it plans to use the money to accelerate enterprise feature optimization of its OpenStack platform.

As part of its investment, Intel and Mirantis plan a technical partnership to bolster Intel’s recent “Cloud for All” initiative that looks to create tens of thousands of new clouds. The collaboration is said to focus on bolstering enterprise deployments targeting performance at scale, storage, network integration and support for big data.

RCR Wireless News as part of our weekly “NFV/SDN Reality Check” video show recently spoke with George Drapeau, director of partner solutions and strategy at Red Hat on how OpenStack and open source are being used to boost performance of network functions virtualization and software-defined networking platforms that are seeing increased attention from telecom operators.

Mirantis claims the $100 million in Series B funding it secured in 2014 was at the time the largest such investment in open source history, which followed up on a $30 million sale of OpenStack software to Ericsson. Mirantis currently has offices in Amsterdam; Austin, Texas; Grenoble, France; Hong Kong; and Tokyo.

A recent survey from the Linux Foundation’s OpenDaylight program of its members showed a strong move toward using OpenStack for cloud orchestration in terms of planned use of OpenDaylight for SDN and NFV deployments.

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Photo copyright: khuntapol / 123RF Stock Photo

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