May 24, 2013

Cloudscaling, Focused on OpenStack, Gets $10 Million in Funding

San Francisco-based company Cloudscaling is the latest small company focused on the open source OpenStack cloud computing platform to score some meaningful venture capital. The company has raised $10 million in Series B funding from partners including Trinity Ventures, Juniper Networks and Seagate. That's some pretty solid backing, and Cloudscaling--which provides infrastructure-as-a-service support--is just the latest Northern California company to get solid funding.

Cloudscaling was founded in 2006 and is one of a handful of small companies competing with Amazon Web Services and Rackspace to be “the leader in elastic cloud infrastructure.” Its platform is the Open Cloud System, an OpenStack-centric software framework. 

 
Read more at Ostatic