Infotech Lead America: Intel Capital has invested in Terascala.
The investment is part of the company’s $14 million Series B funding round previously announced April 24, 2012, that is being used to fund growth in research and development, customer support, marketing, and sales.
“With Big Data and compute capacity both growing at exponential rates, the important problem to solve is how to get the two together more rapidly,” said John Mascarenas, Investment Director, Intel Capital.
Recently, Intel invested in Whamcloud.
“This investment will help us gain better market traction with major system vendors, including Dell, EMC, and NetApp. Our goal is to make high performance storage solutions enterprise-ready – optimized for performance and capacity, easy to set up and use, and with toolsets to manage data workflow within an existing IT infrastructure,” said Steve Butler, CEO of Terascala.
The Terascala LustreStack appliance suite offers tools for system monitoring, health check and break/fix; event logging and alerts; application tuning; and workflow.
In 2011, Intel Capital invested US$526 million in 158 investments with approximately 51 percent of funds invested outside the U.S. and Canada.
Terascala is the Fast Data Company. Terascala’s LustreStack software suite enables storage providers to offer Lustre-based storage appliances that are simple to deploy, easy to use, and optimally tune. With LustreStack-powered storage appliances, organizations can optimize the performance of HPC and Fast Data applications without needing specialized expertise or compromising on system availability or performance. LustreStack appliances are available from several major suppliers.
