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Platform9 Raises $10M In Series B Funding For Its OpenStack Deployment And Management Service

Written by Feedproxy
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  • Feedproxy
  • 2 years ago

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Platform9, a service that aims to make it easier for businesses to launch an OpenStack private cloud on their existing servers, today announced that it has raised a $10 million Series B funding round led by Menlo Ventures and with participation from previous investor Redpoint Ventures. This round brings the company’s total funding to $14.5 million.

Nobody has ever accused the OpenStack project of being too easy to install. There is a reason there’s a cottage industry of distros, services and consultancies that help businesses get started with OpenStack. In the Platform9 model, the service manages the OpenStack deployment in typical Software-as-a-Service fashion and users bring their own server infrastructure.

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