Multi-Cloud Platform, RackN, Closes Additional Seed-Stage Funding From EVO Venture Partners

RackN – a unified, self-service software platform for automating multi-cloud and hybrid infrastructure lifecycle management – has announced EVO Venture Partners as a major investor. EVO Venture Partners focuses on game changing early stage startups in software based infrastructures, specifically in backup, security, storage, virtualization, networking and cloud. EVO adds value through knowledge, network and experience in addition to seed capital. 

RackN provides a unified, template-driven, self-service software platform for automating multi-cloud and hybrid infrastructure management. Its software would accelerate cloud migrations, reduce operational sprawl and guarantee repeatable workload deployment and upgrades across any platform. CIOs would benefit by mitigating platform adoption risk, vendor lock-in and operational dysfunction and realize a decrease in CAPEX and OPEX spending. 

dennis bruin evo venture partners
“RackN is an excellent example of an early-stage software company seizing a tremendous market opportunity and solving customer’s pain,” said Dennis Bruin, Managing Partner at EVO Venture Partners.

RackN is an excellent example of an early-stage software company seizing a tremendous market opportunity and solving customer’s pain,” said Dennis Bruin, Managing Partner at EVO Venture Partners. “EVO Venture Partners very much looks forward to working with RackN to further develop, grow and guide them on their journey.”

Based out of Amsterdam, The Netherlands and with offices in San Francisco and Singapore, EVO Venture Partners has joined Juniper Ventures and other prominent investors in helping RackN deliver on its vision. The funding will be used to expand the RackN presence in enterprise and service provider markets and accelerate planned feature releases throughout 2016 and beyond.

RackN Advanced Dashboard

Recently, RackN completed development of its new self-service portal, RackN Advanced Dashboard. The new dashboard would provide a template-driven, easy-to-use, automated, composable lifecycle management of clustered systems – which span across hybrid infrastructure and cloud properties. RackN states it has received excellent feedback and anticipates the new portal will drive additional product revenue and drive additional investment.

“We are very excited to announce EVO Venture Partners as a new investor in RackN, said Rob Hirschfeld, CEO of RackN. “In addition to their deep understanding of the cloud and data center space, EVO Venture Partners is a great business partner and has a solid track record in guiding early-stage technology companies to the next level. With our new portal, we wanted to provide a platform that would address the common frustrations with cloud migrations and lifecycle managing the complexity of underlying technologies across hybrid infrastructures and cloud platforms. The multi-tenant platform is secure and super easy to use for cloud and data center operators that are tired of guessing how to provision, merge and manage complex technology in hybrid infrastructure and cloud environments.”

Furlow consulting