Israel-based data centre technology provider Stratoscale raised $27m yesterday in a series C round featuring Qualcomm Ventures, mobile semiconductor maker Qualcomm’s corporate venturing unit.
Qualcomm was joined in the round by all of Stratoscale’s existing investors, which include Intel and Cisco’s corporate venturing units, Intel Capital and Cisco Investments, as well as flash storage technology provider SanDisk.
Stratoscale has developed a hardware-agnostic operating system for data centres that can store data and run any application, distributing both physical and virtual assets and workloads in real time.
Ariel Maislos, CEO of Stratoscale, said: “Today’s data centre managers are looking to Stratoscale to help them more effectively manage their technology infrastructure. To help us scale globally, we are proud to have the support and investment from Qualcomm Ventures.
“This investment enables us to accelerate our adoption in the market and expand operations more quickly to meet the demand for an all-inclusive data centre cloud offering that is scalable and efficient.”
Intel Capital led Stratoscale’s $32m series B round in late 2014, investing alongside Cisco Investments, SanDisk and venture capital firms Battery Ventures and Bessemer Venture Partners. It has raised more than $70m altogether.