Scalr, a San Francisco, CA-based provider of an enterprise cloud management platform, closed a $7.35m Series A round of financing.
The round was led by OpenView Venture Partners.
The company intends to use the funds to expand product, with a focus on the Scalr machine and container policy engine, and to accelerate market penetration through the increase of its US-based sales force. In conjunction with the funding, Mackey Craven, Partner at OpenView, joined the Board of Directors while Jim Baum, Venture Partner at OpenView, joined as an Advisor.
Founded in 2007 by Sebastian Stadil, CEO, Scalr provides a cloud platform that enables enterprises to manage and control accelerated application development across public, private and multi-cloud environments through an enterprise grade, on-premise software solution.
The company offers:
– an API and web console that give transparency into what infrastructure users consume, providing critical oversight;
– A policy framework that gives IT control over cloud enforcement defining what can or cannot be done with cloud resources for compliance, security, best practices, etc; and
– embedded DevOps tools that allow IT to build and provide shared services, reaping cost and time-to-market benefits.
Users include such global organizations as Samsung, the FDA, Merkle, Acxiom, Expedia, Autodesk, and NASA.
Scalr’s open source community and commercial customer base now spans more than 400 businesses ranging from manufacturing, finance, banking, retail, technology, and government. In addition to its San Francisco headquarters, the company has expanded its presence to Boston, Denver, Paris, Kiev, Manila, St. Petersburg and Tel Aviv.
FinSMEs
13/01/2016