Welcome!

Eclipse Authors: Carmen Gonzalez, Kevin Jackson, Lori MacVittie, Mark R. Hinkle, Natalie Lerner

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 OpenStack.org 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. www.mirantis.com

Contact:
Veronica Duren
Mirantis, Inc.
650-963-9828

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 will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at Internet of @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, will discuss how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money! Speaker Bio: Esmeralda Swartz, CMO of MetraTech, has spent 16 years as a marketing, product management, and busin...
Samsung VP Jacopo Lenzi, who headed the company's recent SmartThings acquisition under the auspices of Samsung's Open Innovaction Center (OIC), answered a few questions we had about the deal. This interview was in conjunction with our interview with SmartThings CEO Alex Hawkinson. IoT Journal: SmartThings was developed in an open, standards-agnostic platform, and will now be part of Samsung's Open Innovation Center. Can you elaborate on your commitment to keep the platform open? Jacopo Lenzi: Samsung recognizes that true, accelerated innovation cannot be driven from one source, but requires a...
SYS-CON Events announced today that Red Hat, the world's leading provider of open source solutions, will exhibit at Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, a...
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at Internet of @ThingsExpo, Robin Raymond, Chief Architect at Hookflash Inc., will walk through the shifting landscape of traditional telephone a...
SYS-CON Events announced today that Matrix.org has been named “Silver Sponsor” of Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Matrix is an ambitious new open standard for open, distributed, real-time communication over IP. It defines a new approach for interoperable Instant Messaging and VoIP based on pragmatic HTTP APIs and WebRTC, and provides open source reference implementations to showcase and bootstrap the new standard. Our focus is on simplicity, security, and supporting the fullest feature set.
BSQUARE is a global leader of embedded software solutions. We enable smart connected systems at the device level and beyond that millions use every day and provide actionable data solutions for the growing Internet of Things (IoT) market. We empower our world-class customers with our products, services and solutions to achieve innovation and success. For more information, visit www.bsquare.com.
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic • Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happens, where data lives and where the interface lies. For instance, it’s a mix of architectural style...
SYS-CON Events announced today that SOA Software, an API management leader, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. SOA Software is a leading provider of API Management and SOA Governance products that equip business to deliver APIs and SOA together to drive their company to meet its business strategy quickly and effectively. SOA Software’s technology helps businesses to accelerate their digital channels with APIs, drive partner adoption, monetize their assets, and achieve a...
From a software development perspective IoT is about programming "things," about connecting them with each other or integrating them with existing applications. In his session at @ThingsExpo, Yakov Fain, co-founder of Farata Systems and SuranceBay, will show you how small IoT-enabled devices from multiple manufacturers can be integrated into the workflow of an enterprise application. This is a practical demo of building a framework and components in HTML/Java/Mobile technologies to serve as a platform that can integrate new devices as they become available on the market.
SYS-CON Events announced today that Utimaco will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Utimaco is a leading manufacturer of hardware based security solutions that provide the root of trust to keep cryptographic keys safe, secure critical digital infrastructures and protect high value data assets. Only Utimaco delivers a general-purpose hardware security module (HSM) as a customizable platform to easily integrate into existing software solutions, embed business logic and build s...
Connected devices are changing the way we go about our everyday life, from wearables to driverless cars, to smart grids and entire industries revolutionizing business opportunities through smart objects, capable of two-way communication. But what happens when objects are given an IP-address, and we rely on that connection, sometimes with our lives? How do we secure those vast data infrastructures and safe-keep the privacy of sensitive information? This session will outline how each and every connected device can uphold a core root of trust via a unique cryptographic signature – a “bir...
Internet of @ThingsExpo Silicon Valley announced on Thursday its first 12 all-star speakers and sessions for its upcoming event, which will take place November 4-6, 2014, at the Santa Clara Convention Center in California. @ThingsExpo, the first and largest IoT event in the world, debuted at the Javits Center in New York City in June 10-12, 2014 with over 6,000 delegates attending the conference. Among the first 12 announced world class speakers, IBM will present two highly popular IoT sessions, which will take place November 4-6, 2014 at the Santa Clara Convention Center in Santa Clara, Calif...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at Internet of @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, will discuss how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.

SUNNYVALE, Calif., Oct. 20, 2014 /PRNewswire/ -- Spansion Inc. (NYSE: CODE), a global leader in embedded systems, today added 96 new products to the Spansion® FM4 Family of flexible microcontrollers (MCUs). Based on the ARM® Cortex®-M4F core, the new MCUs boast a 200 MHz operating frequency and support a diverse set of on-chip peripherals for enhanced human machine interfaces (HMIs) and machine-to-machine (M2M) communications. The rich set of periphera...

SYS-CON Events announced today that Aria Systems, the recurring revenue expert, has been named "Bronze Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Aria Systems helps leading businesses connect their customers with the products and services they love. Industry leaders like Pitney Bowes, Experian, AAA NCNU, VMware, HootSuite and many others choose Aria to power their recurring revenue business and deliver exceptional experiences to their customers.
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce the value of the network in helping organizations to maximize their company’s cloud experience.
The Internet of Things (IoT) is making everything it touches smarter – smart devices, smart cars and smart cities. And lucky us, we’re just beginning to reap the benefits as we work toward a networked society. However, this technology-driven innovation is impacting more than just individuals. The IoT has an environmental impact as well, which brings us to the theme of this month’s #IoTuesday Twitter chat. The ability to remove inefficiencies through connected objects is driving change throughout every sector, including waste management. BigBelly Solar, located just outside of Boston, is trans...
SYS-CON Events announced today that Matrix.org has been named “Silver Sponsor” of Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Matrix is an ambitious new open standard for open, distributed, real-time communication over IP. It defines a new approach for interoperable Instant Messaging and VoIP based on pragmatic HTTP APIs and WebRTC, and provides open source reference implementations to showcase and bootstrap the new standard. Our focus is on simplicity, security, and supporting the fullest feature set.
Predicted by Gartner to add $1.9 trillion to the global economy by 2020, the Internet of Everything (IoE) is based on the idea that devices, systems and services will connect in simple, transparent ways, enabling seamless interactions among devices across brands and sectors. As this vision unfolds, it is clear that no single company can accomplish the level of interoperability required to support the horizontal aspects of the IoE. The AllSeen Alliance, announced in December 2013, was formed with the goal to advance IoE adoption and innovation in the connected home, healthcare, education, aut...