RackWare Closes $10M Series B Funding

rackwareRackWare, a Fremont, CA-based comprehensive cloud management for the enterprise, closed a $10m Series B funding.

The round was led by Signal Peak Ventures, with participation from Kickstart Seed Fund and Osage Venture Partners.

The company intends to use the funds to enhance and accelerate product development and to expand sales, marketing, partnerships and customer support teams.

Led by Founder and CEO Sash Sunkara, a female executive with a proven track record in technology and business development, RackWare provides enterprise class solutions that enables users to dynamically scale physical, virtual and cloud resources across private and public environments as computing needs fluctuate. The company’s cloud management platform allows enterprises to use the public cloud as just another resource for their internal infrastructure — for disaster recovery, as well as scaling purposes.
The RackWare Management Module (RMM) allows workloads to be ported between any platform, virtual or physical, and any cloud.

Customers include Blue Cross Blue Shield of CA, Coca-Cola, IBM SoftLayer, HBO, Crayola and Zebra.



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