SimpliVity raises a massive $58M for hyperconverged infrastructure
Just over a year after closing its second funding round, SimpliVity has raised another $58 million in Series C financing from Kleiner Perkins Caufield & Byers and DFJ Growth. New investors Meritech Capital Partners and Swisscom Ventures also participated in the round, along with existing backers Accel Partners and Charles River Ventures.
Founded in 2009, SimpliVity offers a unified data center stack that eliminates the need to purchase and maintain separate systems for server virtualization, storage and networking. The company’s flagship OmniCube platform combines these components into a modular architecture that functions as a unified IT “building block,” enabling customers to reduce infrastructure clutter and maintain efficiency at scale.
SimpliVity says will use the new funding to “significantly bolster” its engineering team and address customer feedback. The company also plans to scale its global service and support organization in an effort to keep up with global demand.
Mark Bailey, the Managing Director of DFJ Growth, noted in a statement that “SimpliVity offers breakthrough price/performance and unprecedented manageability for companies deploying virtual machine and cloud environments. As companies of all sizes continue their migration to virtualization and cloud computing, we see a wonderful opportunity for SimpliVity’s products to be used as ‘Lego-like’ building blocks to build, expand and simplify IT operations in mid-size companies, large enterprises – especially those with remote offices – and cloud service providers as well.”
SimpliVity competes with Scale Computing, EMC venture VCE and Nutanix, which pegs itself as the “fastest growing enterprise infrastructure company of the past decade.” The firm expanded to nearly a dozen new locations in the last 18 months alone, and recently appointed Wayne Neich as Managing Director of the Australia and New Zealand region. The executive previously headed Silver Peak Systems’ Oceana business.
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