Scality raises $45M in Series D

What does Scality do?

Scality, is a software company with a venture backing. The company solves problems associates with large scale storage management and infrastructure. The company is the leader in petabyte-scale, software defined storage industry.  This software based RING storage delivers billions of files to 500 hundred million users every day with a hundred percent availability. The RING integrates with apps through standard storage protocols like the Cinder, OpenStack Swift, NFS etc. The company’s customers include 4 of the world’s largest telecommunications and media companies, and market leaders throughout Japan, USA and European Union.

How much Scality was funded?

Scality raised $45M in Series D funding on August 25, 2015 from Bpifrance, Galileo Partners, BroadBand Tower, Idinvest Partners, Menlo Ventures, Iris Capital and Omnes Capital

Previous funding

• $1M in Venture round on January 1, 2010
• $5M in Series A on June 7, 2010 from Galileo Partners Partner: Francois Duliege and Omnes Capital
• $7Min  Series B funding on February 25, 2011 from Idinvest Partners (Lead) Partner: Matthieu Baret, Galileo Partners Partner: Francois Duliege, CAPE Natixis and Jerome Lecat
• $22Min Series C on July 9, 2013 from Iris Capital (Lead) Partner: Guillaume Meulle, Bpifrance Partner: Frederic Le Brun, Menlo Ventures (Lead), Galileo Partners Partner: Francois Duliege, FSN PME Fund, Omnes Capital Partner: Renaud Poulard, Idinvest Partners Partner: Matthieu Baret

What is next for Scality?

Scality  has hiked its revenue by 400% and increased its staff from 42 to 160 and announced major customers, including the most recent ones such as Phoenix, RTL II, Deluxe and has signed major agreements. The company plans to use the latest funding for continuing to increase its sales force in USA and for continuing its expansion internationally and support its resellers actively.

More about Scality

Scality was founded in 2009 by Serge Dugas, Jerome Lecat, Giorgio Regni, Bradley King and Daniel Binsfeld . It has its headquarters in San Francisco, California.