posted at 18:50
Author: Jordan Novet
Tue, 21 Oct 2014 01:07:23 +0000
Mirantis raises $100M, cashing in on OpenStack madness
Mirantis, one of the startups that sell distributions of OpenStack open-source cloud software, has capped off a seriously big Series B funding round totaling $100 million. The news from the startup, announced today in a statement, provides more proof that OpenStack could play a significant role in IT. Naysayers poo-poo OpenStack, despite that technology vendors left and right have announced hardware and software based on it. Data center hardware giants Cisco and EMC have both acquired OpenStack startups in the past month or so. Mirantis started in 2012 and is based in Mountain View, Calif. The startup says it has worked with more than 130 customers, including Ericsson, NASA, PayPal, Samsung, and Workday. In addition to selling an OpenStack distribution, Mirantis also has a hosted private-cloud service. To date the startup has raised $120 million, including the $10 million round it announced in June 2013. The startup is plotting an initial public offering in 2016, a spokesman told VentureBeat.

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