DriveScale Secures $15,000,000 Series A Funding Round

Company Information

Company
DriveScale

Website

http://www.drivescale.com

Location
1230 Midas Way Sunnyvale, CA 94085

Description
We are a team of serial entrepreneurs and experts in diverse disciplines who were united by a common vision: what if we could bring the proven benefits of scale-up architecture – flexibility, agility, efficiency – to the highly capable and enormously cost effective scale-out computer platform, making scale-out vastly easier to use, manage and optimize?

Transaction Details

  • Date – 5/20/2016
  • Transaction Type – Venture Equity
  • Transaction Amount – $15,000,000
  • Transaction Round – Series A
  • Acquire / Investor(s) – Pelion Venture Partners
  • Acquire / Investor(s) – Nautilus Venture Partners
  • Acquire / Investor(s) – Foxconn Technology Group