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Article

Piston Closes $8 Million B Round

The money will be used for product development
By Maureen O'Gara
Article Rating:
February 5, 2013 07:45 AM EST
Reads:
 3,269

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.

Published February 5, 2013 – Reads 3,269
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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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