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OpenStack vendor Mirantis is raking in buy-in from investors

OpenStack vendor Mirantis is raking in buy-in from investors

Pure play OpenStack vendor Mirantis has secured $100m in new funding this week in a round led by Intel Capital, with the companies also announcing deepened collaboration in the cloud arena.

The latest round, which comes less than a year after Mirantis secured $100m in series B funds from investors, also included participation from new investor Goldman Sachs and existing investors August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures (formerly SAP Ventures) and WestSummit Capital.

Mirantis said the cash will be used to bolster its partnerships with vendors and other organisations innovating with OpenStack.

“With Intel as our partner, we’ll show the world that open design, open development and open licensing is the future of cloud infrastructure software. Mirantis’ goal is to make OpenStack the best way to deliver cloud software, surpassing any proprietary solutions,” said Alex Freedland, co-founder and president of Mirantis.

“Every industry is being disrupted by software. Smart enterprises are embracing the cloud to grow top line revenues and get new services to market faster. Mirantis is the only vendor 100 per cent committed to only OpenStack,” Freedland said.

At the same time, Intel and Mirantis announced the two companies would deepen their partnership and work together on Intel’s Clouds for All initiative, a series of partnerships with ISVs announced earlier this summer which are intended to accelerate cloud interoperability and boost deployments.

“Our investment in Mirantis is the next step in bringing open cloud infrastructure to the entire industry as part of Intel’s ‘Cloud for All’ initiative,” said Diane Bryant, senior vice president and general manager, Data Center Group, Intel.

“As enterprises embrace public, private and hybrid cloud strategies, they need choices in their infrastructure software. OpenStack is an ideal open solution for cloud-native applications and services, and our collaboration with Mirantis is well placed to ensure the delivery of critical new enterprise features helping to create of tens of thousands of clouds,” Bryant said.

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