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Categories: HPE Openstack Platform9 VMware

#Platform9, a startup that’s seen spectacular growth over the last year by delivering on-premises #OpenStack-based infrastructure, managed by a cloud software layer, revealed on Wednesday that it had closed another funding round. The $22 million Series C round, led by #CanvasVentures, with #HPE also participating, will allow Platform9 to continue scaling a business that’s grown by 300 percent in revenue last year, with a 360 percent expansion of its customer base, CEO Sirish Raghuram told CRN

“That’s all been driven by where the market is today,” Raghuram said. “Enterprises are struggling to navigate the journey to the cloud. You have a lot of legacy VMware environments, developers using multiple public clouds, and trying to bring that agility to all of your deployments, all fragmented in individual silos.”

http://m.crn.com/news/cloud/300087906/hpe-joins-investors-in-openstack-startup-platform9s-22-million-funding-round.htm

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