SimpliVity Closes $175 Million D Round of Funding

SimpliVityYesterday, hyperconverged infrastructure vendor SimpliVity announced that they had raised $175 Million in series D funding.

Waypoint Captial led the round, with previous investors Accel Partners, Charles River Ventures, DFJ Growth, Kleiner Perkins Caufield and Byers (KPCB), and Meritech Capital Partners joining in. This investment brings SimpliVity’s total venture funding to $276 Million.

SimpliVity’s main product is their OmniStack software-defined hyperconverged infrastructure. Its key is the accelerator card that SimpliVity developed. This card performs inline deduplication, compression, and optimization of all data. SimpliVity can be purchased as the OmniCube, or as OmniStack integrated with Cisco UCS.

What’s most interesting to me is that Waypoint Capital was originally a SimpliVity customer. They were so impressed with the platform that they decided to invest in it.

Expect to see more good things from SimpliVity as they use the additional funding to expand.

Facebooktwittergoogle_plusredditpinterestlinkedinmail
This entry was posted in SimpliVity and tagged , , , , . Bookmark the permalink.

Leave a Reply