ZeroStack Raises $16M in Series B Venture Capital Funding

ZeroStack-LogoZeroStack, Inc., a Mountain View, CA-based developer of self-service and scale-out private cloud, raised $16m in Series B funding.

The round, which followed a Series A round announced less than two months ago, was led by Formation 8 with participation from existing investor Foundation Capital and current member of ZeroStack’s board of directors Mark Leslie. In conjunction with the funding, Shirish Sathaye, general partner at Formation 8, will join ZeroStack’s board of directors.

The company intends to use the funds to continue to expand operations and adoption of its platform.

Founded by Kiran Bondalapati, founding engineer at Bromium, and Ajay Gulati, who was a senior architect and R&D lead at VMware, ZeroStack provides a cloud platform that combines on-premises, hyper-converged infrastructure with a web portal handling management and operations, which includes complete health monitoring and predictive analytics.
In details, the ZeroStack Cloud Platform provides the ability to build a cloud in minutes with no experience needed, view and governance of cloud services across sites, business units and projects, control of sensitive data via a self-healing architecture hosted on-site, as well as curated updates through automated patching and upgrades.

FinSMEs

20/10/2015

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