Mirantis Raises $100M in Series B Funding

mirantisMirantis, a Mountain View, California-based provider of OpenStack cloud and open source application infrastructure, raised $100m in Series B funding.

Backers included Insight Venture Partners, August Capital and existing investors Intel Capital, WestSummit Capital Management, Ericsson, and Sapphire Ventures (formerly known as SAP Ventures). As part of the funding, Alex Crisses, managing director at Insight Venture Partners, joined Mirantis’ board.

The company, which had previously raised $20m, intends to use the funds to double its engineering investments. It will focus on development of its zero lock-in OpenStack software, including its downloadable distribution, Mirantis OpenStack, and its on-demand, hosted option, Mirantis OpenStack Express. The funds will also be used to accelerate international expansion in Europe and Asia-Pacific.

Led by President and CEO Adrian Ionel, Mirantis delivers all the software, services, training and support needed for running OpenStack.
It has served more than 130 customers implement OpenStack including Comcast, DirectTV, Ericsson, Expedia, NASA, NTT Docomo, PayPal, Symantec, Samsung, WebEx and Workday. The company also provides OpenStack products and services for the telecommunications industry, serving Huawei, NTT Docomo, Orange, Pacnet, Tata Communications, and others.



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