Stratoscale, a Herzliya Pituach, Israel-based provider of a software platform for hyper-convergence, raised $32m in Series B funding.
The round was led by Intel Capital, with participation from Cisco Investments and SanDisk, and original investors Battery Ventures and Bessemer Venture Partners (BVP).
The company intends to use the funds to complete product development as well as build out global sales and marketing.
Led by co-founder and CEO Ariel Maislos, Stratoscale provides a hardware-agnostic, software platform converging compute, storage and networking across the rack or data center. It automatically distributes all physical and virtual assets and workloads in real time.
28/10/2013: Stratoscale Raises $10M in Series A Financing