Mirantis, the pure-play OpenStack company, last week announced it has raised $100 million in Series B funding led by Insight Venture Partners. Insight Venture Partners was joined by August Capital, as well as existing investors Intel Capital, WestSummit Capital, Ericsson, and Sapphire Ventures (formerly SAP Ventures). Alex Crisses, managing director at Insight Venture Partners, will join the Mirantis board of directors.
Mirantis provides hardened and commercially-supported OpenStack distribution that is downloadable from the website and setup using intuitive GUI driven process. The three year old startup claims that it has helped more than 130 customers implement OpenStack, including Comcast, DirectTV, Ericsson, Expedia, NASA, NTT Docomo, PayPal, Symantec, Samsung, WebEx and Workday.
Mirantis said that it plans to double its engineering investments and will focus on the development of its zero lock-in OpenStack software, including its downloadable distribution, Mirantis OpenStack, and its on-demand, hosted option, Mirantis OpenStack Express. The funds will also be used to accelerate international expansion in Europe and Asia-Pacific, deepen its bench of support engineers, and grow its open partner ecosystem.
Mirantis President and CEO, Adrian Ionel
Our mission is to move companies from an expensive, lock-in infrastructure to an open cloud that empowers developers and end-users at a fraction of the cost. Customers are seeing the value; we’ve gone from signing about $1 million in new business every month to $1 million every week. People choose us because we have the best software and expertise for OpenStack, foster an open partner ecosystem, and are a major upstream contributor, influencing the technology’s direction.
Jason Waxman, vice president of Intel Data Center Group and General Manager of Intel's Cloud Platform Group
Driving the accessibility of software defined infrastructure and cloud computing to data centers around the world is an imperative for Intel. Mirantis plays a key role in the OpenStack movement, and our investment is designed to accelerate industry adoption of cost-effective workload orchestration solutions.
