Thursday, March 24, 2016

Stratoscale Secures $27M for Hyperconverged Software

Stratoscale, a start-up based in Herzeliya, Israel, secured $27 million in Series C financing for its distributed data center operating system.

Stratoscale's hardware-agnostic Software Defined Data Center (SDDC) solution that offers a holistic data center experience. Its rack-scale architecture aims to transform standard x86 servers into a hyper-converged infrastructure for cloud services while supporting both containers and virtualization on the same platform.  Stratoscale’s true “plug and play” architecture supports OpenStack and Docker.

Qualcomm Ventures joined the Series C financing round with participation from all existing investors. Stratoscale has now raised over $70 million in funding over the past three years that is dedicated to support global expansion of the company.

“Today’s data center managers are looking to Stratoscale to help them more effectively manage their technology infrastructure. To help us scale globally, we are proud to have the support and investment from Qualcomm Ventures,” said 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. We continue to deliver on the promise of what data centers should be without the burden of being locked into legacy infrastructure that doesn’t grow with your business.”

http://www.stratoscale.com