STC Ventures and Hewlett Packard Ventures complete an equity investment in Scality as an addition to Series D.
Accelerating growth with strategic equity investment, engineering collaboration, and sales programs
SAN FRANCISCO –January 12, 2016 – Today, Scality, the leader in software-defined storage for the information age, announced an enhanced partnership between Scality and Hewlett Packard Enterprise (HPE) designed to accelerate the adoption of software-defined object and file storage with enterprises and service providers who are struggling to overcome the problems of data storage at massive scale. The enhanced partnership includes a commitment to integrate engineering strategies and deepen go-to-market collaboration with new sales resources, marketing investment, and other business development programs. This builds on the October 2014 announcement where Hewlett Packard began packaging Scality RING software with its Apollo 4000 and ProLiant servers. As part of today’s announcement, Hewlett Packard Ventures completed a strategic equity investment in Scality. STC Ventures joined HP Ventures and existing investors, among which Iris Capital and Menlo Ventures, in this round as an addition to Series D.
“The enterprise storage market is diverging into latency-optimized and capacity-driven segments. As the leader in enterprise and hyperscale servers, and the fastest growing vendor in all-flash storage with HPE 3PAR StoreServ, this Scality partnership gives us a leadership position in capacity-driven storage as well,” said Manish Goel, senior vice president and general manager for storage, HPE. “The combination of the Scality RING software, ultra-dense HPE Apollo 4510 and HPE Apollo 4200, along with advisory and support services, provides the best object solution in the market with the flexibility, resiliency, and performance required to drive down the cost of storage at petabyte-scale.”
The explosion of sensor data, mobile devices, and cloud-native applications continues to drive rapid growth of unstructured and semi-structured data, shining a spotlight on scalability and performance gaps in legacy NAS solutions. As enterprises and service providers explore ways to tap into the Internet of Things, storage solutions are required which are capable of bridging the gap between traditional file-based applications and new object-access paradigms. These shifts also require a new style of compute infrastructure with traditional rack solutions giving way to ultra-dense compute notes capable of storing more data in less physical space. The unique Scality RING architecture paired with the hyperscale HPE Apollo 4510 and HPE Apollo 4200 provides a future-proof solution for petabyte-scale object applications. At over 5 petabytes in a single rack and 224 TB in just 2U, the HPE Apollo 4000 series is the industry leader in capacity-optimized computing. Through its global capabilities and expansive partner network, HPE enables flexible financing options, robust lifecycle management and advisory services, and world-class support to reduce customer risk as they transition to new technologies.
This strategic investment from HPE commences a busy 2016 for Scality, following a banner 2015. This past year, the company announced general availability of version 5.0 of the RING. In June the company introduced the industry’s first software-based storage trial, with a free, online trial of the Scality RING. The company announced the completion of their Series D in August, and since then has revealed an increasing lineup of new customer wins and new partnerships with resellers. In October, the company opened a new R&D center in Paris and claimed the national title of “Start-Up of the Year 2015” for France, during EY’s Entrepreneur Of The Year® 2015.
“Understanding how to handle data growth is no longer a worry specific to Storage Administrators, or even CIOs, but should be top-of-mind for every C-Level executive. Emerging application requirements are driving storage and compute closer together, forcing legacy stand-alone storage providers and those without a server footprint to re-examine their strategies,” said Jérôme Lecat, CEO of Scality. “HPE has chosen to invest in Scality, the market-leader in software-defined object storage, for those exact reasons. Our stronger relationship with HPE will allow us to continue to improve the RING, to better package it with the industry leading HPE Apollo 4510 and HPE Apollo 4200, and create a one-stop solution for the enterprise.”