Welcome!

Open Source Cloud Authors: Pat Romanski, Liz McMillan, Elizabeth White, Ed Featherston, Roger Strukhoff

News Feed Item

Mirantis Receives $10 Million From Intel Capital, WestSummit Capital, and Dell Ventures to Accelerate Its OpenStack Game

MOUNTAIN VIEW, CA -- (Marketwire) -- 01/10/13 -- Mirantis, the largest OpenStack® systems integrator, today announced that it closed $10 million in growth capital financing from Dell Ventures, Intel Capital and WestSummit Capital.

Combining its efficient delivery model with the intellectual property that makes building a vendor-agnostic OpenStack cloud simple and predictable, Mirantis is striving to dramatically accelerate the adoption of OpenStack clouds by service providers, SaaS vendors, and enterprises.

The investment will be used to accelerate Mirantis' growth in the OpenStack market. The privately-held company was previously financed through sales revenues. As Mirantis increases its presence in the OpenStack market, it will remain true to its focus of providing a vendor-neutral implementation of OpenStack, free of lock-in hooks or proprietary packaging.

Mirantis was an early OpenStack advocate, since the open source project was introduced in 2010 and recently joined Dell and Intel as founding members of the new OpenStack Foundation. Boris Renski, Mirantis co-founder and executive vice president, was elected to the board of the Foundation, which provides leadership to the community and guidance over development efforts.

"We believe that OpenStack is on its way to becoming a universal control plane for the entire application infrastructure fabric," observed Adrian Ionel, president and CEO of Mirantis. "This phenomenon is transforming the industry. To help accelerate this transformation in a meaningful way, we need strong strategic investors like Dell Ventures, Intel Capital, and WestSummit Capital. We consciously picked investors who aligned with us on vision and our commitment to accelerate OpenStack adoption around the world."

Mirantis has the largest pool of engineering expertise in OpenStack in the market today, and helps service providers, SaaS vendors, and enterprises build and run OpenStack cloud infrastructure. It has provided this expertise to customers in more than 30 OpenStack deployment projects in the past 18 months. Mirantis has helped many early adopters of the OpenStack platform successfully launch production-grade clouds. Customers include organizations such as NASA, WebEx, Gap, PayPal, Internap, and AT&T.

"Mirantis is a true example of the power of OpenStack technology," said Lisa Lambert, vice president of Intel Capital and managing director of the Software and Services sector. "In just a short amount of time, Mirantis has established itself as a key OpenStack systems integrator by helping numerous early adopters realize the value of the open source cloud movement. Intel Capital looks forward to working with its team as it continues to expand its global footprint."

"We see tremendous demand for OpenStack in the APAC market and China in particular. Beijing generates more traffic to the OpenStack.org Website than any other city in the world today, and China hosts some of the largest cloud deployments in the world. With our investment, we aim to help Mirantis establish a stronghold in the APAC market," explained Elise Huang, partner at WestSummit Capital.

"OpenStack is a central component of Dell's cloud strategy and this investment reflects our company's commitment to open source platforms that give our customers more options and flexibility. We recently announced OpenStack as our open source cloud platform of choice for public and private clouds. The partnership with Mirantis demonstrates our commitment to the community and our goal of becoming a leading contributor to OpenStack. Dell continues to make strategic investments that enhance our portfolio and customer value," noted Nnamdi Orakwue, vice president of Dell Cloud.

Mirantis has dedicated developers contributing to OpenStack Quantum LBaaS and helps run the Bay Area OpenStack user group in Silicon Valley. The company also offers a training program to expand the pool of skilled engineering talent and expertise in OpenStack. Mirantis' ongoing 'Boot Camps' have become very popular and are usually sold out.

"Mirantis has been very active in helping promote and grow the OpenStack ecosystem. This is a significant accomplishment for the company. We welcome the activities that prominent Foundation members take together to help accelerate OpenStack adoption," said Jonathan Bryce, executive director of the OpenStack Foundation.

Dell and Intel are active participants in the OpenStack community. WestSummit Capital is a China-based global growth stage technology investment firm that invests in industry-leading technology companies with a substantial presence or strategic interest in China.

About Mirantis
Mirantis delivers OpenStack cloud and open source application infrastructure. Its focus is vendor-independent cloud implementation uncompromised by opaque hooks or proprietary packaging. The company has a unique cost-effective delivery model, founded on years of deep software engineering experience for demanding Fortune 1000 companies. Customers include Cisco, Dell, GE, Agilent, NASA, HP, AT&T, The Gap, Axcient and Nexenta. Mirantis is headquartered in Mountain View, California, with engineering centers in Russia and Ukraine. www.mirantis.com

Contact:
Veronica Duren
Mirantis, Inc.
650-963-9828

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profession...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2016' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited t...
Apixio Inc. has raised $19.3 million in Series D venture capital funding led by SSM Partners with participation from First Analysis, Bain Capital Ventures and Apixio’s largest angel investor. Apixio will dedicate the proceeds toward advancing and scaling products powered by its cognitive computing platform, further enabling insights for optimal patient care. The Series D funding comes as Apixio experiences strong momentum and increasing demand for its HCC Profiler solution, which mines unstruc...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
"We work in the area of Big Data analytics and Big Data analytics is a very crowded space - you have Hadoop, ETL, warehousing, visualization and there's a lot of effort trying to get these tools to talk to each other," explained Mukund Deshpande, head of the Analytics practice at Accelerite, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The idea of comparing data in motion (at the sensor level) to data at rest (in a Big Data server warehouse) with predictive analytics in the cloud is very appealing to the industrial IoT sector. The problem Big Data vendors have, however, is access to that data in motion at the sensor location. In his session at @ThingsExpo, Scott Allen, CMO of FreeWave, discussed how as IoT is increasingly adopted by industrial markets, there is going to be an increased demand for sensor data from the outermos...
UAS, drones or unmanned aircraft, no matter what you call them — this was their week. Our news stream was flooded with updates on the newly announced rules and regulations for commercial UAS from the FAA. So, naturally we have dedicated this week’s top news round up to highlight some of our favorite UAS stories.
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
Presidio has received the 2015 EMC Partner Services Quality Award from EMC Corporation for achieving outstanding service excellence and customer satisfaction as measured by the EMC Partner Services Quality (PSQ) program. Presidio was also honored as the 2015 EMC Americas Marketing Excellence Partner of the Year and 2015 Mid-Market East Partner of the Year. The EMC PSQ program is a project-specific survey program designed for partners with Service Partner designations to solicit customer feedbac...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.