Mirantis Raises $100 Million for OpenStack

Mirantis, a start-up based in Mountain View, California, raised $100 million for its pure-play OpenStack solutions.

Mirantis offers software and services for running production-grade OpenStack clouds. Its solution provides a visual interface as a single control plane for OpenStack clusters and enables automated hardware discovery and network verification.

For this round, 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 has helped more than 130 customers implement OpenStack – including Comcast, DirecTV, Ericsson, Expedia, NASA, NTT Docomo, PayPal, Symantec, Samsung, WebEx and Workday.  Among these is the largest OpenStack deal on record: a five-year software licensing agreement with Ericsson. Mirantis is also the largest provider of OpenStack products and services for the telecommunications industry, serving Huawei, NTT Docomo, Orange, Pacnet, Tata Communications, and others.

“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,” said Mirantis President and CEO, Adrian Ionel. “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.”

https://www.mirantis.com/