Scale Computing Raises $34.8M in Funding

scale computingScale Computing, an Indianapolis-based provider of edge computing and hyperconverged solutions, raised $34.8m in Series F funding.

Backers included Lenovo, new and existing financial investors.
The funding has multiple closings, including $21.2m in a first close. The remainder of the round will close by the end of 2018, taking the total to $34.8m.

Led by Jeff Ready, CEO, Scale Computing provides HyperCore™ technology that identifies, mitigates, and corrects infrastructure problems in both hardware and software in real time, using machine intelligence and automation to keep applications running without human intervention. This capability is critical in distributed enterprise edge computing, retail, and SMB deployments, where onsite IT staff may be very limited or non-existent.

Recently announced customer wins include:
– Ahold Delhaize, a global supermarket retailer with nearly 7,000 stores;
– Genting Group, the third largest casino company in the world;
– Jerry’s Enterprises, a large North American food retailer; and
– Farm Bureau Insurance.



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