Liqid Inc., a Lafayette, Colo.-based provider of on-demand composable infrastructure (CI) technologies, secured $10m in Series A funding.
The round was led by Marker Hill Capital, with participation from existing investor and strategic partner Phison Electronics Corporation.
The company, which has now raised $20m, intends to use the funds to accelerate development of its flagship Liqid CI platform for 2017 general availability, recruit additional engineers, and drive its sales and marketing efforts.
Led by Jay Breakstone, CEO, Liqid provides an on-demand composable infrastructure (CI) open platform that allows users, either manually or through policy-based automation, to manage and configure “physical” bare-metal server systems. The software and hardware work in combination to allow users to configure their physical server infrastructure and adapt to technological and business changes in real time.