What is Scale Computing?
Founded in 2008 and headquartered in Indianapolis, Indiana, Scale Computing has engineered the Scale Computing Platform, an IT infrastructure solution designed to enable organizations to optimize resource utilization. The company's proprietary Scale Computing HyperCore software consolidates virtualization software, disaster recovery software, servers, and shared storage into a single, highly available platform for application deployment. This integrated approach eliminates the need for traditional IT silos, offering a more efficient and cost-effective solution for businesses seeking to streamline their IT operations.
How much funding has Scale Computing raised?
Scale Computing has raised a total of $192.3M across 13 funding rounds:
Series D
$12M
Private Equity
$4.7M
Private Equity
$2.2M
Private Equity
$18M
Debt
$2.5M
Other Financing Round
$34.8M
Debt
$2M
Other Financing Round
$30M
Other Financing Round
$55M
Series D (2012): $12M backed by CID Equity Capital, Northgate Capital, Benchmark Capital, Allos Ventures, BA Venture Partners, Heron Capital, Spring Mill Venture Partners, and Reservoir Venture Partners
Private Equity (2014): $4.7M with participation from Allos Ventures
Private Equity (2014): $2.2M, investors not publicly disclosed
Private Equity (2015): $18M supported by ABS Capital Partners
Debt (2017): $2.5M, investors not publicly disclosed
Other Financing Round (2018): $34.8M backed by Lenovo Group
Debt (2020): $2M with participation from PPP
Other Financing Round (2020): $30M led by Elevate Ventures
Other Financing Round (2022): $55M supported by Morgan Stanley Expansion Capital
Key Investors in Scale Computing
Lenovo Group
Lenovo Group is a global technology company that develops, manufactures, and markets a wide range of technology products and services, including PCs, servers, and mobile devices. They also provide software and hardware repair services and support enterprise solutions.
Morgan Stanley Expansion Capital
Morgan Stanley Expansion Capital is an investment arm focused on providing capital to growing companies. Their involvement suggests a strategic interest in Scale Computing's market potential and expansion capabilities.
Benchmark
Benchmark is a prominent venture capital firm known for investing in early-stage technology companies. Their participation indicates confidence in Scale Computing's innovative technology and long-term growth prospects.
What's next for Scale Computing?
With a substantial enterprise-level funding history and recent strategic investment, Scale Computing is well-positioned for its next phase of growth. The company's focus on simplifying IT infrastructure and reducing operational costs aligns with current market demands for efficiency and scalability. Future developments are likely to involve further enhancements to its HyperCore software, expanding its market reach, and potentially exploring new strategic partnerships to broaden its service offerings and customer base. The company's trajectory suggests a continued emphasis on innovation within the edge computing and hyper-converged infrastructure markets.
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