Platform9 Releases Managed OpenStack for vSphere, Raises $10 Million in Funding

Platform9, a company focused on making private clouds easy for organizations of any scale, headquartered in Sunnyvale, California, has announced general availability of Platform9 Managed OpenStack for VMware vSphere environments. At the same time, the company has announced that it has raised $10 million in Series B funding from Menlo Ventures and Redpoint Ventures.

Platform9 Managed OpenStack is a SaaS solution that would transform an organization’s existing servers into an AWS-like agile, self-service private cloud within minutes and has been in production globally for KVM environments since January 2015. Support for Docker is in development; a beta will be announced later this year. Platform9 will showcase its Managed OpenStack solution at VMworld in booth #339 later this month.

platform9-private-cloudA new VMware specific Virtual Appliance is now available to integrate Platform9’s OpenStack controller services with vSphere resources. The Virtual Appliance works using vSphere APIs and is 100% interoperable with VMware vSphere, so operations can be performed either via the OpenStack control plane or via vSphere directly. This would result in VMware customers having an easy to manage, fully interoperable solution to orchestrate their resources as an OpenStack-based private cloud.

The release follows a successful seven month beta for VMware vSphere customers where the service was tested by enterprises and service providers using VMware vSphere as their virtualization platform.

“Platform9’s mission is to make private clouds easy to deploy and manage for the enterprise,” said Sirish Raghuram, co-founder and CEO of Platform9. “Customers no longer need to choose between the world’s leading private cloud platform (OpenStack) and the world’s leading virtualization platform (VMware vSphere): Platform9 Managed OpenStack is 100% interoperable with VMware vSphere, allowing customers to integrate OpenStack and vSphere seamlessly. Developers can have self-service provisioning using OpenStack while at the same time, IT Operations manages the underlying infrastructure using vSphere.”

$14.5 Million

Platform9 has also secured $10 million in Series B funding, bringing the funding total to $14.5 million. Menlo Ventures led the round, and previous investor Redpoint Ventures also participated. The company plans to use the money to accelerate its product roadmap for its growing customer base.

Menlo Ventures General Partner Mark Siegel joins Redpoint Ventures Partner Scott Raney on the board. “Platform9 is poised to satisfy rising demand for a simple OpenStack solution in the enterprise, and they have the perfect team to do it,” said Mark Siegel. “We see OpenStack gaining momentum and believe it will take significant market share from proprietary technology stacks.”