Thursday, October 22, 2015

ZeroStack Raises $16 Million for Private Cloud SaaS

ZeroStack, a start-up based in Mountain View, California announced $16 million in new funding for its scale-out private cloud that converges compute, storage, networking and management services.

The ZeroStack Cloud Platform couples on-premises, hyper-converged infrastructure with a web portal handling management and operations, which includes complete health monitoring and predictive analytics. ZeroStack was founded on the premise that building and operating a private cloud should be fast, simple and cost-effective without sacrificing functionality.

The ZeroStack Cloud Platform provides:

  • The ability to build a cloud in minutes with no prior experience necessary
  • Universal view and governance of cloud services across sites, business units and projects
  • Full control of sensitive data with a self-healing architecture hosted on-site
  • Curated updates through automated patching and upgrades

The Series B round was led by Formation 8 with contributions from existing investor Foundation Capital and current member of the company’s board of directors, Mark Leslie.

“This round of financing will help us meet the overwhelming demand for an end-to-end solution that provides the agility and ease-of-use of the public cloud combined with the control and performance of the private cloud,” said Ajay Gulati, co-founder and CEO of ZeroStack.

ZeroStack Targets All-in-One Scale-Out Private Cloud

ZeroStack, a start-up based in Mountain View, California, emerged from stealth and introduced a private cloud solution that combines on-premises deployment and a SaaS platform -- allowing customers to consume a self-service cloud without significant in-house expertise or time.

The company said its design offers a complete, scale-out private cloud that converges compute, storage, networking and management software with self-healing capabilities. The SaaS platform provides monitoring, troubleshooting, capacity planning and chargeback using a powerful analytics engine. The analytics engine enables predictive failure detection with proactive resolution.

ZeroStack co-founder and CEO Ajay Gulati was senior architect and R&D lead at VMware, where he designed products including Storage I/O control and Storage DRS. Co-founder and CTO Kiran Bondalapati was founding engineer at Bromium, where he architected the company's security solution based on new techniques with hardware virtualization, and was a technical leader at AMD, where he developed the underpinnings of several virtualization technologies.

"Private clouds are an essential element of many organizations' IT strategies, but they have been frustrated by the complexity, slow time to value and cost of deploying and running them," said Ajay Gulati, co-founder and CEO of ZeroStack. "ZeroStack was founded on the belief that every enterprise should be able to stand up a private cloud without having to stitch together complex software and hardware or rely on expensive technical teams to run it. A private cloud should be as easy to consume as a public cloud."