Scale
Computing, a market leader in edge computing and hyperconverged
solutions, today announced $34.8 million in Series F funding. The
largest investor in the round is Lenovo, which last week announced a
global partnership with Scale to bring intelligent edge computing to
global retailers, distributed enterprises, and SMBs. New and existing
financial investors also participated in the round.
Scale's
patented HyperCore technology identifies, mitigates, and corrects
infrastructure problems in both hardware and software in real time,
using machine intelligence and automation to keep applications running
without human intervention. This capability is especially critical in
distributed enterprise edge computing, retail, and SMB deployments,
where onsite IT staff may be very limited or non-existent. As such,
Scale's HC3 Edge platform has emerged as the leading platform for
running mission critical applications in these environments.
"We
have experienced tremendous growth over the past two years, driven by
our unique capability to completely automate the administration of a
fully converged platform," said Jeff Ready, CEO of Scale Computing.
"This round of funding, combined with our new partnership with Lenovo,
enables us to instantly reach customers at a global scale."
Recently
announced customer wins include Ahold Delhaize, a global supermarket
retailer with nearly 7,000 stores; Genting Group, the third largest
casino company in the world; Jerry's Enterprises, a large North American
food retailer; and Farm Bureau Insurance.
"What
makes Scale unique is that it really is a set-it-and-forget-it
platform. It just takes care of itself," said Jeff Miller, IT Director
for Jerry's Enterprises, a Scale customer operating 50 retail stores
across the United States. "When we deploy Scale, not only do we
eliminate the need for VMware, backup software, and DR software at that
location, but we also eliminate 90 percent of the time previously spent
managing infrastructure. Scale gives us a platform that can be used in
all of our locations, whether it's a very small deployment at a gas
station, servers at a big box store, or a large cluster in our
datacenter."
Fueled
by the growth of both edge computing and the desire to bring automation
to IT systems, Scale's revenue has more than doubled over the past two
years, with sales in the retail sector specifically up 4x, closely
followed by other distributed enterprises. "Scale is a company which has
exceeded its plans for more than two years," said Don Aquilano of Allos
Ventures, who led Scale's Series A and also participated in this
investment round. "We are absolutely thrilled with the company's
performance and market leadership as edge computing moves to the
forefront of IT. No company is better positioned to take advantage of
this global trend. Scale is a true success story with much more to
come."