Stratoscale, a software company revolutionizing the data center has secured $27 million in Series C financing round led by Qualcomm Ventures with participation from all existing investors. With the latest round, Stratoscale has raised over $70 million in funding over the past three years to support global expansion of the company.
Stratoscale provides a hardware-agnostic Software Defined Data Center (SDDC) solution that offers a holistic data center experience to help customers keep up with business agility mandates that include rapid development and new age applications. Stratoscale said that its solution enables IT to scale and respond to real-time needs with greater ease and assured control.
Ariel Maislos, CEO of Stratoscale
This investment enables us to accelerate our adoption in the market and expand operations more quickly to meet the demand for an all-inclusive data center cloud offering that is scalable and efficient.
Mony Hassid, senior director, Qualcomm Ventures
Qualcomm sees large growth opportunities in the data center space, and Stratoscale is positioned to become a seminal and transformative player, particularly in the midst of a current technology revolution.
