Stratoscale Raises $10M in Series A Financing

Stratoscale, a Herzeliya, Israel-based company developing new virtualization technology to improve the performance and efficiency of large data centers, raised $10m in Series A financing.

The round was led by Battery Ventures with participation from Bessemer Venture Partners (BVP). In conjunction with the investment, Scott Tobin, general partner at Battery Ventures and Adam Fisher, partner at BVP, will join Stratoscale’s board.

Co-founded by CEO Ariel Maislos and CTO Etay Bogner, Stratoscale provides compute stack and building software for innovative datacenter infrastructure. Its runtime software infrastructure for scalable computing aims to help customers use all available computing resources and unify computing and storage across the data center.

The company is hiring (have a look at its website).

FinSMEs

28/10/2013

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