OpenStack company Mirantis takes on $100M round led by Intel Capital

The Mirantis office

Mirantis, a company that sells a distribution of the OpenStack open-source cloud software, announced today a $100 million funding round. Intel Capital led the round, and now Mirantis will be collaborating with Intel to increase enterprise adoption of OpenStack.

OpenStack, which began in 2010, has been adopted by some of the largest companies, like PayPal and Walmart, but it hasn’t become a mainstay among large enterprises in the same way as proprietary virtualization software like VMware’s vSphere, and it’s not quite as widely used as public cloud infrastructure. Intel’s investment in Mirantis shows that the chip maker believes OpenStack still has potential for growth.

The cloud-native stack, including OpenStack, can provide companies with “a true alternative to Amazon, Google, Microsoft, and VMware,” Mirantis cofounder and president Alex Freedland told VentureBeat in an interview.


From VentureBeat
Your customers are hitting your platform from several different devices — are you prepared? Free webinar on the omnichannel marketing strategy.

Intel’s major investment into an OpenStack company might look like an innovative move, but really Mirantis is Intel’s only choice. Pretty much all the other venture-backed OpenStack startups have been acquired. Cisco recently bought Piston, and IBM recently bought Blue Box. Earlier, Cisco acquired Metacloud, and EMC acquired Cloudscaling. All that activity has left the fate of Mirantis in question, but now it’s clear that investors believe in the prospects of the company.

Today’s news comes a few days after Mirantis disclosed in a regulatory filing that it had raised $75 million, but the company wouldn’t immediately discuss it.

To date Mirantis has raised at least $220 million, including the $100 million round announced last October.

Mirantis started in 1999 and is based in Mountain View, Calif. Around 750 people work for the company, and the headcount should reach 900 a year from now, Freedland said.

The company has more than 200 customers, including AT&T, Gap, Samsung, Symantec, Verizon, and Wells Fargo.

“The battle that we’re looking to fight is humongously large,” Freedland said.

More information:

Powered by VBProfiles


VB's research team is studying web-personalization... Chime in here, and we’ll share the results.









Games After Gamergate

gglogo Perhaps the greatest testimonial to those who endured Gamergate is not to remember it. To not talk about it all. So I won’t. However one aspect that I will talk about is what it did to game development. For many of us Gamergate destroyed our faith video games as a medium, an art form and so on. But only temporarily. Read More

Next-Gen Cybersecurity Is All About Behavior Recognition

behavior In the wake of devastating personal information leaks, like Target’s back in 2014 affecting more than 70 million customers and the more recent Ashley Madison data breach, concerns over cybersecurity are at an all-time high. Financial advisers overwhelmingly cite cybersecurity as their number-one concern, with business owners and everyday consumers sharing in those worries. Read More

Boaters mapping Pacific garbage arrive in San Francisco

Scientists and volunteers who have spent the last month gathering data on how much plastic garbage is floating in the Pacific Ocean returned to San Francisco on Sunday and said most of the trash they found is medium to large-sized pieces, as opposed to tiny ones. Volunteer crews on 30 boats have been measuring the size and mapping the location of tons of plastic waste floating between the West Coast and Hawaii that according to some estimates covers an area twice the size of Texas.

Farewell To Flash: What It Means For Digital Video Publishers

flash-crosses It’s been more than five years since Steve Jobs wrote his infamous “Thoughts on Flash” letter citing the high level of energy consumption, lack of performance on mobile and poor security as the reasons his company’s products would not support Adobe Flash technology. Finally, it appears we’re getting closer to the curtain closing on Flash. Read More

Pint-size thieves frighten Ivory Coast’s largest city

The attack made Bamba the latest victim of the "microbes," roving bands of kids as young as 12 whose violent robberies the past few weeks have raised alarm over crime in working-class neighborhoods of Abidjan, Ivory Coast's largest city. Though not a new phenomenon, tabloid coverage of the "microbes" "' the French word for germs "' combined with fears they are spreading to new parts of town have residents complaining that the government has failed to keep them safe.

Gears of War designer Cliff Bleszinski teases announcement for his next game

Cliff Bleszinski is the creator of Project Bluestreak.

Gears of War designer Cliff Bleszinski teased his new online game. Game publisher Nexon is expected to reveal the game on Wednesday at 9 am Pacific time.

The first-person online shooter game has been known so far under the code name Project Bluestreak. On the web site, Nexon said: Welcome to The Shattering….Create an account to stay in the know & share the countdown timer to receive an exclusive forum badge! Come back tomorrow for the first reveal….

Polygon reported that the game would be called The Shattering, but Bleszinski tweeted that was incorrect. Bleszinski was a 20-year veteran game designer at Epic Games, and he is best known for his as lead designer of Gears of War, as well as his work on Unreal and the Unreal Tournament. He left the company in 2012. He started his own studio, Boss Key Productions, in 2014, and he set up a publishing deal with Tokyo-based Nexon.

Project Bluestreak

Above: Project Bluestreak

Image Credit: Nexon

VB's research team is studying web-personalization... Chime in here, and we’ll share the results.