by Swapnil Bhartiya

OpenStack company Mirantis grabs $100 million investment

Aug 24, 2015
Cloud ComputingOpen SourceOpenStack

A collaboration with Intel brings in Goldman Sachs as new investor

Mirantis, a pure play OpenStack company, has grabbed a $100 million investment from Goldman Sachs.

Last year the company received $100 million in Series B funding, and now with the new funding from Goldman, Mirantis has over $220 invested in it by major companies. The company forged a strategic technology and investment collaboration with Intel, which through Intel Capital, actually led the fresh round of investment in the company.

“With Intel as our partner, we’ll show the world that open design, open development and open licensing is the future of cloud infrastructure software. Mirantis’ goal is to make OpenStack the best way to deliver cloud software, surpassing any proprietary solutions,” said Alex Freedland, co-founder and president of Mirantis in a press release about the company’s collaboration with Intel.

“Our investment in Mirantis is the next step in bringing open cloud infrastructure to the entire industry as part of Intel’s ‘Cloud for All’ initiative,” Diane Bryant, senior vice president and general manager, Data Center Group, Intel noted in the press release. “As enterprises embrace public, private and hybrid cloud strategies, they need choices in their infrastructure software. OpenStack is an ideal open solution for cloud-native applications and services, and our collaboration with Mirantis is well placed to ensure the delivery of critical new enterprise features helping to create of tens of thousands of clouds.”

Mirantis and Intel will work on adding increased capabilities for enterprise deployments.  Some of the areas the two companies will work on include: performance at scale, storage, network integration and support for big data. “Addressing these technology challenges will expand the use of OpenStack and ease adoption for Mirantis and Intel customers,” said Mirantis in a press statement.

As I’ve noted before, as the cloud becomes omnipresent, there is a looming danger that all of our data will be controlled, and used, by mega corporations. The only solution to keep our data ‘ours’ lies in open source.

Freedland shared the same thoughts on his blog post, “A large open source community can pull together the cumulative resources sufficient to compete with the incumbents. The most successful ones use the right blend of leadership and anarchy. They attract the free thinkers that we need to drive innovation, yet have enough discipline and focus to deliver an open computing platform that can be easily consumed and operated. This allows for the whole world to integrate their innovations without worrying that a guard at the door will turn them away.”

That’s 100% true and OpenStack, being an open source project, fits right there. The company is already doing quite well. Mirantis says in a press statement that their top line revenue grew 150 percent year-over-year and they added more than 70 new enterprise customers.

The company recently opened new offices in Amsterdam, Austin, Grenoble, Hong Kong and Tokyo. With the fresh round of investments, Mirantis is becoming a very influential OpenStack player. The company is planning its IPO soon and these developments only strengthen its position as a serious OpenStack player.