Scale-out Infrastructure Startup DriveScale Raises $15M in Venture Capital Funding

drivescaleDriveScale, a Sunnyvale, California-based provider of scale-out computing tools for the enterprise, emerged from a three-year stealth mode with a $15m Series A funding.

The round was led by Pelion Venture Partners with participation from Nautilus Venture Partners and Foxconn’s Ingrasys*. In conjunction with the funding, Carl Ledbetter, Managing Director at Pelion Venture Partners, and Connie Sheng, Founding Managing Director at Nautilus Venture Partners, joined the Board of Directors as the first outside members, and DriveScale named Scott McNealy, James Gosling, Phil Roussey and Ameet Patel as advisors.

Founded in 2013 and led by Gene Banman, CEO, DriveScale has developed a composable architecture that transforms rigid data centers into flexible, scale-out deployments. Using the solution, provided via a set of on-premises and SaaS tools that coordinate between multiple levels of infrastructure, data center administrators can deploy independent pools of commodity compute and storage resources, automatically discover available assets, and combine and recombine these resources as needed.

*Ingrasys, a wholly owned subsidiary of Foxconn Technology Group, has co-developed the DriveScale product line and is the company’s hardware equipment manufacturer.

FinSMEs

19/05/2016

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