|By Business Wire||
|July 28, 2014 04:44 PM EDT||
Bright Computing, the leading provider of cluster management software, today announced a $14.5 million Series B financing co-led by DFJ and DFJ Esprit with participation from Prime Ventures and existing investor ING Corporate Investments. As part of the funding round, DFJ Partner Bill Bryant, Prime Ventures Partner Alexander Ribbink, DFJ Esprit Partner Richard Marsh, and ING CISO Rob Bening will be joining Bright’s board of directors.
Founded in 2009, Bright Computing specializes in management software for clusters and clouds used in high performance computing (HPC), storage, databases, Hadoop, and OpenStack. Bright’s integrated approach makes cluster management easy for DevOps and IT operations teams, while providing powerful and complete management capabilities for mission critical workloads. Bright Cluster Manager is used at over 400 customers, including more than 20 Fortune 500 companies, leading government labs, and research institutes. The company has partnered with Dell, Cisco, Cray, HP and other technology leaders in bringing Bright Cluster Manager to their customers.
Bright Computing will use the financing to continue investing in its flagship cluster management technology, focusing especially on the emerging Hadoop and OpenStack ecosystems. The company expects to extend its channel by adding partners around the world, and providing higher levels of support to direct enterprise accounts.
“Bright Computing is bringing to the rest of us the sophistication of Google or Amazon in how they manage their compute clusters and data centers,” said Bill Bryant, DFJ Partner. “They deliver the same capabilities in automating and simplifying the management of clusters for any workload. Bright manages many of the world’s most complex environments in technology, pharmaceuticals, aerospace, government labs, universities and financial services. With support now for Hadoop and OpenStack, the company has an enormous opportunity.”
“From its European origins, Bright has established itself in the US and as the market leader in this important and rapidly growing sector,” said Richard Marsh, DFJ Esprit.
"Data analysis has become the lifeblood of modern business, but it can be complex and challenging for corporations to manage,” said Alexander Ribbink, partner at Prime Ventures. "Using Bright Cluster Manager to manage clouds, clusters and data infrastructure can turn this challenge into a strategic advantage. This round of funding will help bring that advantage to more customers around the world.”
“This financing round marks a new milestone in the already impressive track record of Bright Computing,” said Jan Willem Nieuwenhuize, director at ING Corporate Investments. “We are pleased with the exponential growth that Bright exhibited over the recent years and we expect this to continue, based on the many opportunities that Bright can develop on the basis of this financing round.”
“We’re proud and excited to have such prestigious investors join the company,” said Dr. Matthijs van Leeuwen, CEO and founder of Bright Computing. “I’m looking forward to working with our new board members, drawing on their experience as we enter the next phase of growth.”
Bright partners include Amazon, Cisco, Cray and Dell. Included among its hundreds of customers are Boeing, Intel, NASA, Roche, Sinopec, Stanford University and the Tokyo Institute of Technology.
About Bright Computing
Bright Computing is transforming the way clusters are managed in the modern data center. Founded in 2009, Bright’s award winning cluster management software lets users monitor and build clusters of any size that are easy to provision, operate, monitor, manage, and scale. Bright partners include Amazon, Cisco, Cray and Dell. Customers include Boeing, NASA, Roche, Stanford University and the Tokyo Institute of Technology. Bright’s technology is running in over 500 data centers all over the globe. Bright has been recognized as a Red Herring Top 100 company and a Deloitte Rising Star winner, and was named Bio-IT World’s “Best of Show.” For more information about Bright Computing, visit www.brightcomputing.com and follow us on Twitter (@BrightComputing).
DFJ is a venture capital firm that partners with extraordinary entrepreneurs who are changing the world. Since 1985, DFJ's core funds have raised $4B, which has been deployed in more than 300 portfolio companies, including AdMob, Baidu, Box, Hotmail, Skype, Solarcity, SpaceX, Tesla Motors, Tumblr, Twitter and Yammer. DFJ works with companies at seed, early and growth stages, with the goal of creating iconic and lasting businesses. Learn more at dfj.com.
About Prime Venture
Prime Ventures is a leading venture capital and growth equity firm focusing on investing in European companies in the technology and related industries. The firm has invested in companies in the Benelux countries, Germany, United Kingdom, France, Finland and Sweden. From its offices in The Netherlands and the UK the independent partnership manages over 425 million euro in committed capital.
About DFJ Esprit
DFJ Esprit is one of Europe’s most experienced venture capital investors, helping entrepreneurs build ground-breaking technology companies. In recent years, DFJ Esprit’s exits have generated more than $3 billion in combined enterprise value. Portfolio companies include Achica, Graze, Greenpeak, and TrustPilot. DFJ Esprit is the exclusive European member of the Silicon Valley-based DFJ Global Network which has 30 offices around the world, $7bn in funds under management, and portfolio companies including Baidu, Box, Skype, Space X, Tesla, Twitter, Yammer and other leading innovators.
About ING Corporate Investments
ING Corporate Investments, part of ING Bank NV, is a provider of equity and mezzanine financing to companies that have their origin in the Benelux region. ING Corporate Investments provides financial solutions for growth companies, buy-outs, (partial) exits, balance sheet optimization and a range of other opportunities. Over the past 10 years, ING Corporate Investments invested over 1.5 billion euro in equity and subordinated debt products.
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 19, 2017 08:15 AM EST Reads: 11,099
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, explained the best practices of continuous testing at high scale, which is rele...
Jan. 19, 2017 07:45 AM EST Reads: 4,218
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...
Jan. 19, 2017 07:45 AM EST Reads: 6,320
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
Jan. 19, 2017 07:30 AM EST Reads: 3,622
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
Jan. 19, 2017 07:15 AM EST Reads: 3,791
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, discussed the best practices that will ensure a successful smart city journey.
Jan. 19, 2017 07:00 AM EST Reads: 2,001
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
Jan. 19, 2017 07:00 AM EST Reads: 1,204
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of D...
Jan. 19, 2017 07:00 AM EST Reads: 5,032
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
Jan. 19, 2017 06:45 AM EST Reads: 451
"We provide DevOps solutions. We also partner with some key players in the DevOps space and we use the technology that we partner with to engineer custom solutions for different organizations," stated Himanshu Chhetri, CTO of Addteq, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jan. 19, 2017 06:45 AM EST Reads: 4,219
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, John Jelinek IV, a web developer at Linux Academy, will discuss why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers...
Jan. 19, 2017 06:00 AM EST Reads: 828
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
Jan. 19, 2017 06:00 AM EST Reads: 1,585
@ThingsExpo has been named the ‘Top WebRTC Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @ThingsExpo ranked as the number one ‘WebRTC Influencer' followed by @DevOpsSummit at 55th.
Jan. 19, 2017 06:00 AM EST Reads: 4,755
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Jan. 19, 2017 05:30 AM EST Reads: 1,894
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
Jan. 19, 2017 05:15 AM EST Reads: 5,088