Scale Computing Hammers Down $18M Funding Round
Scale Computing, a developer of hyperconvergence solutions, recently closed an $18 million funding round that the Indianapolis-based company will use to deliver new products to global customers in the midmarket.
July 15, 2015
![Jeff Ready Scale Computing CEO Jeff Ready Scale Computing CEO](https://eu-images.contentstack.com/v3/assets/blt10e444bce2d36aa8/blt96251d7a52208f75/65265052558dfab365d11e85/jeffreadyscale_0.jpg?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
By jeff_oheir_1
Scale Computing, a developer of hyperconvergence solutions, recently closed an $18 million funding round that the Indianapolis-based company will use to deliver new products to global customers in the midmarket.
ABS Capital Partners, an investor in later-stage growth companies, led the financing. ABS general partners Laura Witt and Bobby Goswami will join Scale’s board of directors.
“Companies in the midmarket need a storage and compute environment that is highly available without the complexity associated with traditional architectures,” Witt said. “We believe that Scale Computing has the ability to deliver these benefits in a virtualized environment across a number of industries.”
Scale’s HC3 platform is designed as a "data center in a box" that integrates server, storage, management and virtualization into a single appliance. The solution aims at helping midmarket companies increase response times to business issues, such as handling an increase in data volume, while reducing operation complexity and costs, said Jeff Ready, Scale’s CEO. HC3 systems don’t require virtualization software licenses or external storage, according to the company.
Scale currently has more than 1,000 customers in such midmarket verticals as government, manufacturing, financial services, health care and education. The IT staff of the city of St. Cloud, Minnesota, recently deployed HC3, instead of buying an additional SAN, as part of an ERP rollout, according to the company.
You May Also Like