Kubernetes infrastructure company Diamanti raises $35M
Hyperconverged infrastructure company Diamanti Inc. has topped up its war chest with $35 million in new funding.
Announced today, the Series C funding round was led by ClearSky. Existing investors CRV, DFJ, Goldman Sachs, GSR Ventures, and Northgate Capital also participated in the round, which brings Diamanti’s total funding to date to $78 million.
Diamanti sells hardware and software for companies that want to run software container workloads on-premises within their own data centers.
Its products include an appliance that combines speedy NVMe-based flash storage with plug-and-play networking gear that’s ready to be deployed immediately on its customer’s existing server systems. The appliance supports a range of Linux distributions and container orchestration tools, including the open-source Kubernetes container orchestration software, and can plug into various public cloud computing platforms as necessary.
Diamanti’s support for Kubernetes is critical, since it has become the software of choice for key tasks such as allocating hardware resources to container clusters. Meanwhile, Diamanti ships with its own administration software that handles everything else. Using Diamanti’s platform, customers can easily monitor and manage their storage and networking resources.
One of the main benefits for Diamanti customers is that it means they need to buy less hardware for their container deployments, which can add up to a lot of savings in a large organization. Coupled with the potentially months of work that Diamanti’s pre-configured design eliminates, that significantly reduces the adoption barrier for Kubernetes.
Diamanti’s setup has proven popular, with the company seeing extremely rapid growth in its bookings and revenue over the past year, officials said. It’s seeing strong traction in several industries, including the energy and financial services sectors. It’s also working with cloud companies and independent software vendors to bring its products to market.
Following the completion of today’s funding round, ClearSky Managing Director Erik Straser will join Diamanti’s board of directors.
Diamanti said it plans to use the funds to ramp up its global sales initiatives and invest in its engineering resources and new software and hardware products.
Diamanti Chief Executive Officer Tom Barton (pictured) talked more about the company’s strategy during an appearance on theCUBE, SiliconANGLE Media’s livestreaming studio, in August:
Since you’re here …
Show your support for our mission with our one-click subscription to our YouTube channel (below). The more subscribers we have, the more YouTube will suggest relevant enterprise and emerging technology content to you. Thanks!
Support our mission: >>>>>> SUBSCRIBE NOW >>>>>> to our YouTube channel.
… We’d also like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.