Click here to close now.


Python Authors: XebiaLabs Blog, Hovhannes Avoyan, Carmen Gonzalez, Ignacio M. Llorente, Elizabeth White

News Feed Item

Mirantis Receives $10 Million From Intel Capital, WestSummit Capital, and Dell Ventures to Accelerate Its OpenStack Game

MOUNTAIN VIEW, CA -- (Marketwire) -- 01/10/13 -- Mirantis, the largest OpenStack® systems integrator, today announced that it closed $10 million in growth capital financing from Dell Ventures, Intel Capital and WestSummit Capital.

Combining its efficient delivery model with the intellectual property that makes building a vendor-agnostic OpenStack cloud simple and predictable, Mirantis is striving to dramatically accelerate the adoption of OpenStack clouds by service providers, SaaS vendors, and enterprises.

The investment will be used to accelerate Mirantis' growth in the OpenStack market. The privately-held company was previously financed through sales revenues. As Mirantis increases its presence in the OpenStack market, it will remain true to its focus of providing a vendor-neutral implementation of OpenStack, free of lock-in hooks or proprietary packaging.

Mirantis was an early OpenStack advocate, since the open source project was introduced in 2010 and recently joined Dell and Intel as founding members of the new OpenStack Foundation. Boris Renski, Mirantis co-founder and executive vice president, was elected to the board of the Foundation, which provides leadership to the community and guidance over development efforts.

"We believe that OpenStack is on its way to becoming a universal control plane for the entire application infrastructure fabric," observed Adrian Ionel, president and CEO of Mirantis. "This phenomenon is transforming the industry. To help accelerate this transformation in a meaningful way, we need strong strategic investors like Dell Ventures, Intel Capital, and WestSummit Capital. We consciously picked investors who aligned with us on vision and our commitment to accelerate OpenStack adoption around the world."

Mirantis has the largest pool of engineering expertise in OpenStack in the market today, and helps service providers, SaaS vendors, and enterprises build and run OpenStack cloud infrastructure. It has provided this expertise to customers in more than 30 OpenStack deployment projects in the past 18 months. Mirantis has helped many early adopters of the OpenStack platform successfully launch production-grade clouds. Customers include organizations such as NASA, WebEx, Gap, PayPal, Internap, and AT&T.

"Mirantis is a true example of the power of OpenStack technology," said Lisa Lambert, vice president of Intel Capital and managing director of the Software and Services sector. "In just a short amount of time, Mirantis has established itself as a key OpenStack systems integrator by helping numerous early adopters realize the value of the open source cloud movement. Intel Capital looks forward to working with its team as it continues to expand its global footprint."

"We see tremendous demand for OpenStack in the APAC market and China in particular. Beijing generates more traffic to the Website than any other city in the world today, and China hosts some of the largest cloud deployments in the world. With our investment, we aim to help Mirantis establish a stronghold in the APAC market," explained Elise Huang, partner at WestSummit Capital.

"OpenStack is a central component of Dell's cloud strategy and this investment reflects our company's commitment to open source platforms that give our customers more options and flexibility. We recently announced OpenStack as our open source cloud platform of choice for public and private clouds. The partnership with Mirantis demonstrates our commitment to the community and our goal of becoming a leading contributor to OpenStack. Dell continues to make strategic investments that enhance our portfolio and customer value," noted Nnamdi Orakwue, vice president of Dell Cloud.

Mirantis has dedicated developers contributing to OpenStack Quantum LBaaS and helps run the Bay Area OpenStack user group in Silicon Valley. The company also offers a training program to expand the pool of skilled engineering talent and expertise in OpenStack. Mirantis' ongoing 'Boot Camps' have become very popular and are usually sold out.

"Mirantis has been very active in helping promote and grow the OpenStack ecosystem. This is a significant accomplishment for the company. We welcome the activities that prominent Foundation members take together to help accelerate OpenStack adoption," said Jonathan Bryce, executive director of the OpenStack Foundation.

Dell and Intel are active participants in the OpenStack community. WestSummit Capital is a China-based global growth stage technology investment firm that invests in industry-leading technology companies with a substantial presence or strategic interest in China.

About Mirantis
Mirantis delivers OpenStack cloud and open source application infrastructure. Its focus is vendor-independent cloud implementation uncompromised by opaque hooks or proprietary packaging. The company has a unique cost-effective delivery model, founded on years of deep software engineering experience for demanding Fortune 1000 companies. Customers include Cisco, Dell, GE, Agilent, NASA, HP, AT&T, The Gap, Axcient and Nexenta. Mirantis is headquartered in Mountain View, California, with engineering centers in Russia and Ukraine.

Veronica Duren
Mirantis, Inc.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound effect on the world, and what should we expect to see over the next couple of years.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, wil...
PubNub has announced the release of BLOCKS, a set of customizable microservices that give developers a simple way to add code and deploy features for realtime apps.PubNub BLOCKS executes business logic directly on the data streaming through PubNub’s network without splitting it off to an intermediary server controlled by the customer. This revolutionary approach streamlines app development, reduces endpoint-to-endpoint latency, and allows apps to better leverage the enormous scalability of PubNub’s Data Stream Network.
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user experience, both offline and online. The focus of this talk was on IBM Cloudant, Apache CouchDB, and ...
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical to maintaining positive ROI. Raxak Protect is an automated security compliance SaaS platform and ma...
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Most of the IoT Gateway scenarios involve collecting data from machines/processing and pushing data upstream to cloud for further analytics. The gateway hardware varies from Raspberry Pi to Industrial PCs. The document states the process of allowing deploying polyglot data pipelining software with the clear notion of supporting immutability. In his session at @ThingsExpo, Shashank Jain, a development architect for SAP Labs, discussed the objective, which is to automate the IoT deployment process from development to production scenarios using Docker containers.
Countless business models have spawned from the IaaS industry – resell Web hosting, blogs, public cloud, and on and on. With the overwhelming amount of tools available to us, it's sometimes easy to overlook that many of them are just new skins of resources we've had for a long time. In his general session at 17th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, an IBM Company, broke down what we have to work with, discussed the benefits and pitfalls and how we can best use them to design hosted applications.
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data shows "less than 10 percent of IoT developers are making enough to support a reasonably sized team....
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Summit, Charles Kendrick, CTO and Chief Architect at Isomorphic Software, demonstrated examples of com...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningful and actionable insights. In his session at @ThingsExpo, Paul Turner, Chief Marketing Officer at...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and technology requirements that will drive the Internet of Things from hype to reality.
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessions, I wanted to share some of my observations on emerging trends. As cyber security serves as a fou...
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now all corporate assets – people, objects, and spaces – can share information about themselves and thei...
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Yet a closer inspection at the data reveals less than half of these cloud projects involve production...
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true change and transformation possible.