Industry News Desk
Piston Closes $8 Million B Round
The money will be used for product development
By: Maureen O'Gara
Feb. 5, 2013 07:45 AM
Piston Cloud Computing, the OpenStack disciple, has gotten an $8 million B round to accelerate OpenStack adoption from Cisco, Data Collective, Divergent Ventures, Hummer Winblad, Swisscom Ventures and True Ventures.
The money will be used for product development.
Cisco, Data Collective and Swisscom Ventures are new investors.
Piston got a $4.5 million A round in July of 2011 and launched the first commercial OpenStack distribution for building, scaling and managing a private Infrastructure-as-a-Service (IaaS) cloud on bare-metal, converged commodity hardware.
The widgetry also integrates with the open source Cloud Foundry Platform-as-a-Service.
Piston introduced the first commercially available Virtual Desktop Infrastructure (VDI) solution built on OpenStack by way of an exclusive licensing agreement with Gridcentric, the virtualization optimization company.
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