By Jake Ke, | March 31, 2016
Mesosphere announced that it has elevated a $73.5 million series C funding round.
On March 24, Mesosphere announced that it has elevated a $73.5 million series C funding round. Hewlett Packard Enterprise (HPE) led the round, with Microsoft as its strategic investor. Along with HPE, earlier investors Khosla Ventures, Andreessen Horowitz and Fuel Capital also were involved. It included new investors Triangle Peak partners and A Capital.
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According to a report by Frederic Lardinois earlier, Mesosphere and Microsoft raised the round at a $600 million, later the value was raised to $126 million. With this announcement, the company also had a new product released, the Velocity. An unceasing integration development tool it is; built around the Jenkins automation server. This product brings together Jenkins and the Marathon container orchestration platform from Mesosphere, to build a powerful stage for integration. He says that Velocity is going to bring this beneficial ability of having its own integration platform to every kind of company.
Florian Leibert, the co-founder and CEO of Mesosphere, said that the company will largely invest on engineering as planned. He said that the traditional businesses are rapidly changing from the "old stack" to "new stack." For instance, Verizon (AOL parent company and TechCrunch) chose DCOS as their global platform for data center instrumentation. These companies want sales and support of enterprise-grade. So apart from their large investment in engineering, the company will invest in sales and support teams as well.
According to Leibert, choosing HPE as their strategic investor means to bring together HPE hardware and Mesosphere's DCOS. This is going to be an unmatched preposition and will speed up the old to new transformation of the data center. Microsoft has also powerful trading relationships with almost every big company worldwide, according to him. He visualizes Azure to be one of the important technologies whose customers will bring bigger businesses to the cloud.
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