StackIQ Raises $6M in Series B Funding

stackiqStackIQ, a San Diego, CA-based provider of a web-scale IT automation platform for the enterprise, raised $6m in Series B funding.

Backer included Grayhawk Capital, Keshif Ventures, DLA Piper, OurCrowd, Anthem Venture Partners and Avalon Ventures.

The company intends to use the funds to scale sales, marketing, and overall operations.

Led by Tim McIntire, co-founder and CEO, and John Oh, vice president of marketing, StackIQ provides a Web-scale IT automation platform, which aims to simplify the deployment and operations of large server clusters and distributed applications within enterprise data centers. Its technology is used by hundreds of organizations to automate, scale and manage Big Infrastructure that supports Big Data, cloud, and HPC.
The company recently released enterprise-ready StackIQ Cluster Manager features for automated configuration, orchestration, and change management which have been incorporated through customer feedback.

FinSMEs

21/10/2014

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