SimpliVity
Corporation, the pioneer in globally federated hyperconverged IT infrastructure,
today announced that it has secured $58 million in Series C funding co-led by
existing investor Kleiner Perkins Caufield & Byers (KPCB) Growth and DFJ
Growth, and joined by Meritech Capital Partners and Swisscom Ventures, as well
as existing investors Accel and Charles River Ventures.
The
funding follows a year in which SimpliVity emerged as a leader in the growing
market for infrastructure for virtualised environments, on the strength of its
game changing global data architecture-the first and only one that delivers
inline, accelerated deduplication, compression, and optimisation of all data,
once and forever, across a global federated framework that allows for the highly
efficient movement, accessibility, and management of data around the globe. This
transformational technology allows companies large and small to radically
simplify their infrastructure environments while gaining 3X TCO savings, and
achieving dramatic improvements in functionality, data protection, and
manageability. 2013 saw the widespread market adoption of OmniCube around the
globe as companies large and small recognised the opportunity to radically
simplify and improve their IT infrastructure.
"SimpliVity
is one of the biggest innovations in enterprise computing since VMware,"
commented John Doerr, General Partner of Kleiner Perkins, and early backer of
Sun Microsystems, Netscape, Google, and Amazon. "Its OmniCube is radically
simplifying IT infrastructure with systems that are better, faster, smaller and
less expensive than competitive offerings. SimpliVity is well positioned to
transform IT."
"We
invest in category leaders addressing large market opportunities. SimpliVity
offers breakthrough price/performance and unprecedented manageability for
companies deploying virtual machine and cloud environments. As companies of all
sizes continue their migration to virtualisation and cloud computing, we see a
wonderful opportunity for SimpliVity's products to be used as ‘Lego-like'
building blocks to build, expand and simplify IT operations in mid-size
companies, large enterprises - especially those with remote offices -, and cloud
service providers as well. Furthermore, we are extremely impressed with the
sophistication and high level of professionalism of SimpliVity's management team
and their intense focus on making their customers successful," commented Mark
Bailey, Managing Director of DFJ Growth, investors in Box, Yammer, AdMob, Good
Technology, Tesla Motors, SolarCity, SpaceX and other world-changing companies.
SimpliVity
emerged from stealth mode in August 2012 with the introduction of OmniCube, the
world's first, all-in-one, globally scalable IT infrastructure platform that
delivers all requisite enterprise data centre functionality with extreme
efficiency and ease of management. Deployed as simplified building blocks, each
OmniCube delivers compute, hypervisor, storage, networking, cache accelerated
performance, native VM-centric backup and replication for disaster recovery, and
public cloud integration. The core underlying technology that enables OmniCube
to deliver this value-and the catalyst for today's funding-is OmniStack,
SimpliVity's highly innovative and novel data architecture that combines inline,
accelerated deduplication, compression and optimisation of all data, once and
forever, with a global federated framework that the IT team can use to manage
globally distributed nodes as a single, unified infrastructure system.
In
addition to building out its customer base and channel network across the globe,
SimpliVity recently achieved the top honor at VMworld, winning Gold for Best of
VMworld 2013-further indication of the superiority of its unique and
transformative data architecture technology.
OmniCube
is currently installed across a wide range of companies and use cases-from small
environments with dozens of virtual machines to some of the world's largest
global cloud providers that have hundreds of data centres around the globe.
Swisscom, Switzerland's leading telecommunications provider and ranked as one of
the leading Swiss providers specialising in the integration and operation of
complex IT systems, recently selected OmniStack as the technology on which to
standardise its cloud infrastructure. Gunther Thiel, Head of Cloud Products and
Technology at Swisscom comments, "SimpliVity is an important step forward to
achieving a truly software defined data centre. Specifically, its data mobility
features are convincing and essential for our cloud strategy." Swisscom Ventures
acquired a minority stake in the company as they see promising technology in
SimpliVity's portfolio.
The
comprehensive functionality delivered in simple, building-block fashion has
fueled OmniCube's rapid market adoption. Jeremy Wheeler, Innovation Architect
for Dairylea, one of the US's largest dairy cooperatives, commented, "After
months of analysing alternative infrastructure solutions, we discovered
SimpliVity's OmniCube and were quickly convinced. We recognised that
SimpliVity's innovative data architecture would offer superior functionality
while allowing us to significantly reduce costs. Within 12 days, we decided to
standardise on OmniCube for all of our virtualised workloads, and purchased our
first 6 systems. OmniCube allowed us to replace our SAN environments in two
sites, while introducing significant improvements to backup and DR-all at a
price point lower than what we would have paid simply to deploy a new
traditional backup system."
Laura
Dubois, Vice President for leading analyst firm IDC commented, "SimpliVity has
done something truly unique in delivering a complete IT building block that is
built around an entirely new architecture for storing and managing data
globally. The significant traction the company has gained in a short time period
indicates that this is truly transformative technology, and I expect
SimpliVity's market impact to accelerate as the company expands its operation
with this new round of capital."
SimpliVity
will use the C-Round capital to support the continued hypergrowth of the
company. Specifically, the company plans to significantly bolster the
engineering team, allowing it to continue to deliver the features and
functionality requested by existing and new customers. Additionally, SimpliVity
will expand its service and support organisation, and its field team in order to
manage the continued worldwide adoption of the technology. "We are very happy
about the addition of DFJ Growth, Meritech and Swisscom to the SimpliVity
family," said Doron Kempel, CEO of SimpliVity. "We intend to use the funds in
order to accelerate product development and all facets of our business,
globally."