Mirantis lands $100 million in fresh round of funding led by Intel
OpenStack vendor, Mirantis, has landed a $100 million round of funding from a group of investors including Intel, Goldman Sachs, August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures, and WestSummit Capital.
The OpenStack vendor had earlier secured secured $100 million in series B funding led by Insight Venture Partners, that valued the company at $800 million. Including the latest round, the company has received a total capital of $195 million till now.
Mirantis said the fresh round of funding will be used to bolster its partnerships with vendors and other organisations innovating with OpenStack.
From Intel’s point of view the investment comes part of the company’s strategy to increase its presence in the open source community, supporting OpenStack as an alternative cloud computing platform to giants such as Amazon Web Services and Microsoft Azure.
Started in 1999, Mirantis is based in Mountain View, California and has around 750 people working under it. The company has more than 200 customers, including AT&T, Gap, Samsung, Symantec, Verizon, and Wells Fargo.