Reston, Va.-based information technology startup Cloudistics closed a $15 million funding round led by Bain Capital Ventures. The Series A fund will go to scaling up the cloud infrastructure technology, which is aimed at simplifying how IT is handled by corporate and public clients. Bain managing director Ben Nye will join the Cloudistics board as part of the deal.
"The superconvergence of network, storage, compute, virtualization, and management in the enterprise datacenter is a $100 billion business opportunity in infrastructure technology today with Cloudistics squarely in the epicenter of this third wave of datacenter innovation," Cloudistics CEO Najaf Husain said in a statement. "Our platform is completely self-contained and businesses can deploy applications and native containers within minutes. Bain Capital Ventures has a very successful track record in the infrastructure software space and we are honored to welcome them as our partner to drive the long-term success of our company."
Cloudistics' platform acts as a data center for storage, computation, networking and other tasks, basically handling all the data infrastructure as needed for a company or agency. In particular, it does so more cheaply than using the public cloud, while using the same model of instant access and integration. Cloudistics claims that is as little as 10 percent of the cost of the public cloud while quintupling performance speed.
