Scale Computing, a provider of midmarket clustered storage solutions, this morning announced it has secured $17 million in Series C funding in a round led by Scale Venture Partners with participation from Northgate Capital and existing investors (including Benchmark Capital). This latest round of funding brings the total raised for the company to $31 million.
Rob Theis, managing director of Scale Venture Partners, will join Scale Computing’s board of directors.
The company says the funding will be used to increase its market share within the SME space, drive international expansion and product development, and fund job growth as the company expects to triple the number of staff in its Indianapolis headquarters over the next 36 months.
Scale Computing’s storage portfolio is based on the company’s so-called Intelligent Clustered Storage (ICS) technology: