Scale Computing Secures $9,000,000 Series B Funding

  • Feed Type
  • Date
  • Company Name
    Scale Computing
  • Mailing Address
    5225 Exploration Drive Indianapolis, IN 46241
  • Company Description
    Super Bruce needed data storage. Our research revealed that a few TBs of storage cost more than Super Bruce cost to build. Additionally, existing market solutions in our price range couldn’t scale like Super Bruce (SB). SB used an advanced parallel file system called GPFS by IBM that was found only in the world’s most complex supercomputing installations. We could scale processing power easily (hence the 8.5 feet of Intel chips), but we couldn’t find an affordable solution to linearly grow storage.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    Blue Chip Venture Company
  • Venture Investor
    CID Capital
  • Venture Investor
    Spring Mill Venture Partners

Trending on Xconomy