What is Scality?
Scality provides market-leading file and object storage software designed to unify data management across edge, core, and cloud environments. Their solutions, including RING and ARTESCA, enable companies to protect data on-premises and in hybrid and multi-cloud infrastructures, accelerating business insights and maximizing return on investment. IT leaders and application developers rely on Scality to build sustainable and adaptable data solutions, positioning the company as a trusted partner in the data-driven economy. Scality's leadership in the storage market has been recognized by industry analysts such as Gartner and IDC.
How much funding has Scality raised?
Scality has raised a total of $149M across 6 funding rounds:
Series A
$5M
Series B
$7M
Series C
$22M
Series D
$45M
Private Equity
$10M
Unspecified
$60M
Series A (2010): $5M with participation from Galileo Partners
Series B (2011): $7M led by Idinvest Partners and Galileo Partners
Series C (2013): $22M supported by Menlo Ventures
Series D (2015): $45M featuring Galileo Partners, Idinvest Partners, Scality investors, the Digital Ambition Fund, Hewlett Packard Pathfinder, Iris Capital, STC Ventures, Omnes Capital, BroadBand Tower, and Menlo Ventures
Private Equity (2015): $10M backed by Hewlett Packard Enterprise
Unspecified (2018): $60M with participation from Silverpeak and Harbert European Growth Capital
Key Investors in Scality
Harbert European Growth Capital
Harbert European Growth Capital is a private equity firm specializing in making investments in middle markets and later-stage companies, with a focus on technology and B2B commerce sectors across Europe.
Galileo Partners
Galileo Partners is the investment arm of a single family office that focuses on direct investments in public and private securities, aiming to form long-term partnerships and co-invest with aligned investors.
Idinvest Partners
Idinvest Partners is a mid-market private equity company that finances and supports entrepreneurs at different stages of their business development, with a focus on technology and growth sectors.
What's next for Scality?
With the recent major strategic investment, Scality is poised to further solidify its position as a leader in enterprise data management. The company's focus on hybrid and multi-cloud storage solutions aligns with current industry trends, suggesting a strategic direction towards enhancing its cloud-native offerings and expanding its market reach. This capital will likely support research and development for advanced data protection and analytics capabilities, as well as bolster sales and marketing efforts to capture a larger share of the growing enterprise storage market. Expect Scality to continue innovating in areas like data lifecycle management and data security, providing robust solutions for businesses navigating complex data landscapes.
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