Hyperconnectivity startup SimpliVity Inc. has raised $175 million Series D in a round led by Waypoint Capital that included previous investors Accel Partners, Charles River Ventures, DFJ Growth, Kleiner Perkins Caufield & Byers Growth and Meritech Capital Partners.

Founded in 2009, SimpiVity’s main product Omnicube offers a unified data center stack that eliminates the need to purchase and maintain separate systems for server virtualization, storage, and networking. The platform combines these components into a modular architecture, enabling customers to reduce infrastructure clutter and maintain efficiency at scale.

Waypoint is said to have led the round as an inspired customer, with Chief Information and Technology Officer Frederic Wohlwend saying in a statement that “as a customer, we experienced first-hand the transformational impact of SimpliVity’s hyperconverged infrastructure….when we learned SimpliVity was raising capital, we insisted on taking the lead. We see enormous potential in a company revolutionizing IT.”

SimpliVity competes with Scale Computing, EMC venture VCE and Nutanix, and pegs itself as the “fastest growing enterprise infrastructure company of the past decade.”

The new round takes total funding for the company to $276.5 million to-date and follows on from its Series C round of $58 million in November 2013. The valuation on the Series D round is said to be “more than $1 billion.”

SimpliVity is a company that has come a long way in its short six years, in a rapidly growing space within the overall enterprise market. At its core, it claims that its one goal is to “simplify IT,” as CEO and Chairman Doron Kempel told SiliconANGLE’s John Furrier in an interview back in 2013.

“What’s to simplify? If you step into a data center today, you’ll notice that the infrastructure stack is comprised of 8 to 12 different products, starting with servers running virtualization, then storage switch, highly available storage, potentially an appliances back-up, an optimization device, a cloud gateway, and so forth” Kempel added in that interview.

“We are taking all these 12 products and we assimilate them into a single product called the OmniCube. With our unique data architecture we de-duplicate, compress and optimize all the data using the OmniCube Accelerator…we enhance the performance of the system by reducing the amount of iOps to SSD and HDD, eliminating those that are redundant. Then we sequentialize all the writes. You get a system that is high-performance, with optimized data across all the tiers within an OmniCube and across all phases of the data: primary, backup, wen, archive and the cloud.”

A round this size would certainly back the suggestion that its solutions are finding popularity in the hyperconverged infrastructure space.

SimpliVity said it would use the new round to “fund the rapid expansion of the company and address the explosive market opportunity.”

Image credit: VMWorld/ SiliconAngle.