Wednesday, May 22, 2013

Cloudscaling Raises $10 Million - Juniper and Seagate Invest

Cloudscaling, a start-up based in San Francisco, raised $10 million in Series B funding for its OpenStack-powered cloud infrastructure system.

The new funding round included Trinity Ventures and two new investors, Juniper Networks, through its Junos® Innovation Fund, and Seagate. The new round raised $10 million.

In April, Cloudscaling announced Open Cloud System 2.5 and signaled the first step of its partnership with Juniper through the integration of Juniper’s virtual network control (VNC) technology, JunosV Contrail, into Open Cloud System (OCS).

OCS is a turnkey, OpenStack-powered cloud infrastructure system for enterprises, SaaS providers and cloud service providers. Cloudscaling and Juniper plan to continue delivering innovative, joint networking solutions that are open and standards-based to support elastic cloud services and a new generation of enterprise workloads.

Cloudscaling also joined the Seagate Cloud Builder Alliance Partner program in April. As part of the program, Cloudscaling and Seagate are focused on the development of optimized storage solutions for OpenStack-powered cloud infrastructure.

Since Q1 of this year, Cloudscaling has secured key customer wins with LivingSocial, EVault, Ubisoft and DataFort, launched a channel partner program and announced support for OpenStack Grizzly in the third generation of OCS technology, Open Cloud System 2.5.

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