Piston Cloud Raises $8M From Cisco, Data Collective, True, Hummer, Others
Grazed from Piston Cloud. Author: PR Announcement.
Piston Cloud Computing, Inc., the enterprise OpenStack™ company, today announced it has raised $8 million in Series B funding. The investment will be used to fuel product development, meet the needs of Piston Cloud’s rapidly expanding customer base and further deliver on the company’s vision for mass adoption of OpenStack. Cisco Systems Inc. (NASDAQ: CSCO), Data Collective and Swisscom Ventures join Divergent Ventures, Hummer Winblad and True Ventures as principal investors.
Corporate Milestones
• Today’s $8 million in Series B financing follows a $4.5 million Series A round in July 2011.
• Launched the first commercial OpenStack distribution with the general availability of the company’s flagship solution, Piston Enterprise OpenStack™, software for building, scaling and managing a private Infrastructure-as-a-Service (IaaS) cloud on bare-metal, converged commodity hardware.
• Integration with Cloud Foundry™, the leading open source Platform-as-a-Service (PaaS) offering, that allows Cloud Foundry PaaS to run on OpenStack…


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