OpenStack Startup Mirantis Receives $10M Boost from IT Leaders

The rapid adoption of OpenStack in the enterprise has not gone unnoticed by the movers and shakers of the IT industry. The big vendors are elbowing each other for every chance to grow their presence in the open-source community, and there is no shortage of  opportunity.

Thursday morning, OpenStack integration specialist Mirantis announced that it has secured $10 million in series A funding from Ericsson, Red Hat, and SAP Ventures. Existing investor WestSummit Capital, which contributed to the $10 million Mirantis raised last December, also participated in this latest round.

“OpenStack is key to our technology roadmap. Like Mirantis, we are focused on building very robust, mission-critical solutions that meet service provider needs. Mirantis offers the ideal combination of technology, engineering talent, and competence to help us accelerate our OpenStack development,” said Paolo Colella, the vice president and head of Consulting and Systems Integration at Ericsson.

Mirantis will use the new capital to accelerate the development of Fuel, the open-source management and deployment tool for OpenStack that it released in March this year. The company followed up the funding announcement with a major update for the platform.

The new version of Fuel features a visual interface that serves as a centralized control plane for OpenStack clusters. The upgrade also introduces automatic hardware discovery and network verification, and support for the latest Grizzly release of OpenStack.

Mirantis is one of several startups trying to carve out a place for themselves in the growing OpenStack community. An emerging quality of service solutions provider called Cloudbyte has been working towards the same goal from a different angle. The QoS specialist released a driver for OpenStack Block Storage Cinder that enables users to provide CloudByte volumes via the native clients and API.

RELATED:  Akanda supercharges its OpenStack networking service with Liberty release

Maria Deutscher

Maria Deutscher

Maria Deutscher is a staff writer for SiliconANGLE covering all things enterprise and fresh. Her work takes her from the bowels of the corporate network up to the great free ranges of the open-source ecosystem and back on a daily basis, with the occasional pit stop in the world of end-users. She is especially passionate about cloud computing and data analytics, although she also has a soft spot for stories that diverge from the beaten track to provide a more unique perspective on the complexities of the industry.
Maria Deutscher


Join our mailing list to receive the latest news and updates from our team.

Submit a Comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Share This

Share This

Share this post with your friends!