RackWare Raises $2.3M in Funding

rackwareRackWare, a Santa Clara, CA-based provider of software that integrates data center and cloud resources into a scalable and intelligently managed computing environment, raised $2.3m in funding.

The round was led by existing investors Kickstart Seed Fund and Osage Venture Partners.

The company, which has now raised over $7 million to date, intends to use the funds to develop the product, increase sales and marketing operations and expand its presence in to the Europe, Middle East and Africa (EMEA) region.

Led by Sash Sunkara (Co-founder and Chief Executive Officer), Eric Sherman (vice president of worldwide sales) and Steven Olson (vice president of engineering), RackWare provides an automated cloud management solution РRackWare Management Module (RMM) Рwhich enables enterprises to move their workloads between private, public or hybrid cloud environments while allowing them to expand and contract resources as they are needed.
Customers include Blue Shield, IHS, ZS Associates, Vivint and WhiteWave and others in verticals including financial services, consulting, healthcare, retail and service providers.

The company also has an R&D center in Salt Lake City.

FinSMEs

09/07/2014

Join the discussion