SoftIron backed with £29m Series B funding
Data centre application manufacturer SoftIron has secured $34m in Series B equity funding from its existing investors.
The firm will use the funding to expand its presence across North America, Europe, and the APAC region with planned growth in sales, product marketing and support.
In addition, the funding will strengthen engineering initiatives to build its portfolio of data centre appliances based on open source software solutions.
The firm is based in London, with a second location in California where its hardware is designed, developed and assembled.
"What's most exciting for us is the realisation of our original vision holistically to address the needs of every aspect of today's data centre," said Phil Straw, CEO of SoftIron.
"We had nothing to lose when we started out, so we did the unthinkable and built our appliances from scratch to address what we saw as the new normal: a flexible, adaptable, open-source based, software-defined data centre. I'm proud to say we are now well on our way to being a full spectrum computer company.
“We are no longer just building a storage appliance; we are offering a coherent end-to-end solution that I believe will revolutionise the enterprise data centre. Coupled with our auditable hardware and "Secure Provenance" promise, we are well-positioned to take our business to the next level."