RStor Raises $45m in Series A Funding

RStor, a Saratoga, California-based provider of multicloud platform for enterprise performance computing, raised $45m in Series A funding.

The round was led by Cisco Investments.

The company, which already a team of more than 50 employees, intends to use the money to grow its staff, to accelerate product development, to build out customer and partner ecosystems.

Led by Giovanni Coglitore, founder and CEO, RStor provides the Multicloud Platform™, which aggregates and automates compute resources from private data centers, public cloud providers, and supercomputing centers on a next generation networking fabric.
As part of the announcement, the company has partnered with Equinix, the global interconnection and data center company, to install the RStor Multicloud Platform™, at Equinix’s IBX data centers. RStor’s services are available today to Equinix’s customers in San Jose, CA, Ashburn, VA, and in the United Kingdom, with expansion soon to follow in Hong Kong, Singapore and Brazil.

FinSMEs

27/04/2018

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