The start-up, which has developed a cloud native storage solution for containers, will use the funding to expand product development and drive global sales.
London-based StorageOS has closed a £5.8m Series A funding round led by Bain Capital Ventures with participation from MMC Ventures and 645 Ventures in New York.
Container adoption has been explosive as enterprises embrace DevOps and refactor applications to run in containers instead of directly on virtual machines.
In the fast-paced container ecosystem, StorageOS has addressed the need for persistent storage with a solution that can operate on any platform.
Unlike other solutions on the market that lack portability and flexibility, StorageOS delivers storage directly to the application and not to the infrastructure.
This gives developers a unique and efficient way to operate that improves performance and decreases time to market for applications.
StorageOS natively integrates with Kubernetes, Red Hat OpenShift and Docker to deliver dynamic volume provisioning, data services, performance and ease of use.
It works with any application, any infrastructure and any orchestrator to address container limitations by delivering an application-centric cloud native storage solution that ensures storage is presented to and continually available for applications as they move between nodes with a common management environment across on-premises and cloud platforms.
Salil Deshpande, managing director at Bain Capital Ventures, has joined StorageOS’ board of directors. Deshpande has been named on the Forbes Midas List of Top 100 venture capitalists every year since 2013.
Over the last 10 years he has invested more than US$200m into numerous infrastructure software companies including MuleSoft, SpringSource, Redis Labs, DynaTrace, Lightbend, Gradle, Sonatype, Frame and SysDig.
“Storage is the Achilles Heel of containers,” said Deshpande. “StorageOS is perfectly matched to drive adoption of container technology because it gives container-based applications storage that is policy-driven, scalable, deterministic and low-latency, all while encrypting data at rest and in-flight, for containers running anywhere – on bare metal, or on virtual machines – or in cloud environments. It makes both ‘dev’ and ‘ops’ easier by natively integrating with leading technologies like Kubernetes and OpenShift to orchestrate storage.”
Chris Brandon, CEO at StorageOS, added: “DevOps and containers are growing at an unprecedented rate, but without persistent storage for container environments, enterprises are stuck using legacy tools and cannot adopt agile, cloud-native technology like Kubernetes, OpenShift or Docker.
“This funding enables StorageOS to support enterprise organizations – specifically financial services, service providers and retailers – as they seek to adopt containers in production for modern application development.”
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