California-based, the pure-play OpenStack (cloud-computing software platform) company, Mirantis has raised $75 million in series C round led by Intel Capital with participation from Goldman Sachs, August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures and WestSummit Capital. The investment includes a partnership with Intel to help OpenStack accelerate in the enterprise.
In its previous round, the firm had secured $100 million in series B funding led by Insight Venture Partners, that valued the company at $800 million. Including the latest round, the company has received a total capital of $195 million till now.
The OpenStack platform was developed by companies including Intel, Hewlett-Packard, Red Hat and Rackspace, to compete against cloud-computing provided by Amazon, Google and Microsoft. Mirantis delivers all the software, services, training and support needed for running OpenStack. It consists of 600 people in its team, and having customers like AT&T, Home Depot and Wells Fargo & Co.
In 2014, there was a lot of action happened in OpenStack industry. Last September, Cisco Systems acquired MetaCloud Inc., and one month after EMC agreed to buy Cloudscaling Group Inc. In June 2014, Red Hat acquired French startup ENovance Inc. and three months later, HP agreed to acquire Eucalyptus Systems, whose products are also based on OpenStack.