Mesosphere, the US-based developer of an operating system for data centres, has raised $73.5m in a series C round led by IT company Hewlett Packard Enterprise (HPE), Fortune reported yesterday.
Software provider Microsoft also invested in the round, as did A Capital, Triangle Peak Partners, Andreessen Horowitz, Khosla Ventures and Fuel Capital. The company did not disclose a valuation, but TechCrunch reported in November 2015 that the round would be closed at a $600m valuation.
Mesosphere’s DCOS technology enables businesses to more effectively manage distributed IT systems spanning app servers, databases and caches. Microsoft reportedly bid $150m for the company in summer 2015 but failed to meet its price of more than $200m.
Florian Leibert, co-founder and CEO of Mesosphere, told TechCrunch yesterday the funding would support engineering, adding: “Combining the Mesosphere DCOS with HPE hardware is an unbeatable proposition and will accelerate the transformation of the data centre from the old world to the new.
“Microsoft, undeniably, has strong commercial relationships with nearly every large company in the world, and we see Azure (Microsoft’s cloud computing platform) as one of the key technologies their customers will bring large enterprises to the cloud with hybrid deployments.”
The round brought Mesosphere’s overall funding to $126m, and comes after a $36m series B featuring Khosla Ventures, Andreessen Horowitz, Fuel Capital and SV Angel in 2014.
Other past investors include Kleiner Perkins Caufield & Byers, Foundation Capital and Data Collective.