US-based open source software service provider Mirantis raised $100m today in a series C round led by semiconductor technology maker Intel’s corporate venturing unit, Intel Capital.
The round also included communications technology manufacturer Ericsson, Goldman Sachs, August Capital, Insight Venture Partners, WestSummit Capital and Sapphire Ventures, the venture capital firm spun out of enterprise software producer SAP.
Mirantis, which had raised $75m as of August 18th according to a regulatory filing, provides software, services and training for enterprises running open source business management software OpenStack.
Intel made its investment as part of a strategic technology and investment collaboration inked to further develop feature optimisation in Mirantis’ OpenStack distribution.
Intel is framing the deal as being part of its Cloud for All programme, launched in July this year with the aim of making cloud technology easier to deploy.
Diane Bryant, senior vice president and general manager of Intel’s Data Center Group, said: “Our investment in Mirantis is the next step in bringing open cloud infrastructure to the entire industry as part of Intel’s ‘Cloud for All’ initiative.
“As enterprises embrace public, private and hybrid cloud strategies, they need choices in their infrastructure software. OpenStack is an ideal open solution for cloud-native applications and services, and our collaboration with Mirantis is well placed to ensure the delivery of critical new enterprise features helping to create tens of thousands of clouds.”
Founded in 1999, Mirantis only raised its first outside funding in January 2013, pulling in $10m from Intel Capital, Dell Ventures, which acts as the investment arm of computer maker Dell, and WestSummit.
The company secured an additional $10m in June the same year from Ericsson, WestSummit, Sapphire, then known as SAP Ventures, and open source software company Red Hat, before closing a $100m series B round in October 2014 backed by Ericsson, Intel Capital, Sapphire, WestSummit, Insight Venture Partners and August Capital.