Communications technology company Ericsson, open source solutions provider Red Hat, and SAP Ventures, the corporate venturing arm of enterprise software firm SAP, along with existing venture capital investor WestSummit Capital, have invested $10 million in the second round of series A financing for Mirantis, a US-based openstack systems integrator.
The total capital raised by the company comes to $20 million. Mirantis previously raised $10m from Dell Ventures, Intel Capital, and WestSummit Capital.
Investment proceeds will be used to solidify Mirantis’ leading position in the openstack market by enhancing the engineering roadmap for Fuel, its tool for management and deployment of OpenStack clouds, and driving integration with technology and products from Mirantis’ partners.
Adrian Ionel, Mirantis president and chief executive officer, said: “The investment by Ericsson, Red Hat, and SAP Ventures is about more than capital. It’s about the integration of Mirantis’ Fuel technology and services with key players in IT.”
Jai Das, managing director at SAP Ventures, said: “SAP Ventures looks forward to continuing its long-standing support of companies based on open-source technologies and is pleased to support Mirantis’ growth and expansion as it is the clear leader in the openstack tools and services market.”
Brian Stevens, Red Hat vice president of Worldwide Engineering, said: “Red Hat is taking a leadership role in bringing openstack to enterprise users, and Mirantis has been an early leader in developing services and tools that are helping enterprise customers achieve success with openstack.”
Paolo Colella, vice president and head of Consulting and Systems Integration at Ericsson, said: “Openstack is key to our technology roadmap. Like Mirantis, we are focused on building very robust, mission-critical solutions that meet service provider needs.”