Cloudistics Raises $15 Million in Series A

Cloudistics, Inc., a superconverged enterprise cloud platform, has closed $15 million in Series A funding led by Bain Capital Ventures.  

Its infrastructure technology, which addresses the deployment and management challenges faced by IT departments as they wrestle with hyperconvergence as well as public and private cloud, holds the potential to revolutionize the datacenter.

Series A funding will be used to invest in sales, customer support, marketing, and R&D, and will enable the company to accelerate its vision of making super-converged infrastructures ubiquitous in enterprise datacenters.

“The superconvergence of network, storage, compute, virtualization, and management in the enterprise datacenter is a $100 billion business opportunity in infrastructure technology today with Cloudistics squarely in the epicenter of this third wave of datacenter innovation,” said Najaf Husain, co-founder and CEO, Cloudistics. “Our platform is completely self-contained and businesses can deploy applications and native containers within minutes. Bain Capital Ventures has a very successful track record in the infrastructure software space and we are honored to welcome them as our partner to drive the long-term success of our company.”

Cloudistics is the first true software-defined everything cloud infrastructure that integrates network, storage, compute, virtualization, and management within a single platform. Its decoupled scaling architecture enables customers to add compute, storage, and network capacity independently-the cloud consumption model-which delivers as much as a 90% cost savings over the public cloud. Built-in virtual network micro-segmentation capabilities secure applications and containers from outside threats. Application performance is improved 5x over many hyperconverged infrastructures with its line-speed virtual networks and elastic block storage technologies.

Ben Nye, MD, Bain Capital Ventures, who will join Cloudistics board of directors, added: “Cloudistics superconverges all resources on which applications depend including network, storage, compute and virtualization into a unified appliance that is managed from the cloud. As customers look to revamp their data center infrastructures, Cloudistics offers the simplest, most secure and lowest cost private cloud infrastructure on the market.“

“As operating costs continue to increase, companies are investing in technologies that reduce overall spend and allow them to focus on driving business outcomes rather than managing infrastructures,” said Tim Stammers, director, 451 Group. “Customers seek an infrastructure model with the simplicity, elasticity, and consumption characteristics of the public cloud with the predictable performance, predictable costing, and data governance of the private cloud. Cloudistics delivers this model to its customers.”

“Cloudistics has integrated some of the best of what Dell has to offer, including our FX converged platform systems and networking switches, and developed an innovative solution that meets the rapidly changing needs of customers in the super-converged market,” said Joyce Mullen, VP and GM, global OEM solutions, Dell, Inc. “Cloudistics is an example of a forward-thinking company leveraging Dell OEM solutions to deliver next generation technology for the modern datacenter.”

To meet accelerating market demand, Cloudistics is building a broad distribution channel and established go-to-market partnerships to raise awareness and increase accessibility of the technology.

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by Jean-Jacques Maleval | 2015.08.31 | News