Tuesday, 4th August 2020

Scale Computing raises $34.8 million in strategic funding

Funding round includes Lenovo, which last week announced a global partnership with Scale Computing.

Scale Computing has announced $34.8 million in Series F funding. The largest investor in the round is Lenovo, which last week announced a global partnership with Scale to bring intelligent edge computing to global retailers, distributed enterprises, and SMBs. New and existing financial investors also participated in the round.

Scale’s patented HyperCore™ technology identifies, mitigates, and corrects infrastructure problems in both hardware and software in real time, using machine intelligence and automation to keep applications running without human intervention. This capability is especially critical in distributed enterprise edge computing, retail, and SMB deployments, where onsite IT staff may be very limited or non-existent. As such, Scale’s HC3 Edge platform has emerged as the leading platform for running mission critical applications in these environments.

“We have experienced tremendous growth over the past two years, driven by our unique capability to completely automate the administration of a fully converged platform,” said Jeff Ready, CEO of Scale Computing. “This round of funding, combined with our new partnership with Lenovo, enables us to instantly reach customers at a global scale.”

Recently announced customer wins include Ahold Delhaize, a global supermarket retailer with nearly 7,000 stores; Genting Group, the third largest casino company in the world; Jerry’s Enterprises, a large North American food retailer, and Farm Bureau Insurance.

“What makes Scale unique is that it really is a set-it-and-forget-it platform. It just takes care of itself,” said Jeff Miller, IT Director for Jerry’s Enterprises, a Scale customer operating 50 retail stores across the United States. “When we deploy Scale, not only do we eliminate the need for VMware, backup software, and DR software at that location, but we also eliminate 90 per cent of the time previously spent managing infrastructure. Scale gives us a platform that can be used in all of our locations, whether it’s a very small deployment at a gas station, servers at a big box store, or a large cluster in our datacentre.”

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