Object Storage Provider Scality Banks $60 Million in VC Funding

Company's software for petabyte-scale cloud storage deployments is used by service providers to deploy storage-as-a-service offerings, email providers to store emails for millions of users and by Web services providers to manage billions of files.

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Scality, which makes software that manages file and object storage and multi-cloud data stores, has closed a $60 million round of venture funding to continue executing on its technology strategy as it makes multi-cloud real for its customers.

The San Francisco-based company's object storage infrastructure for petabyte-scale cloud storage deployments is used by service providers to deploy storage-as-a-service offerings, email providers to store emails for millions of users and by Web services providers to manage billions of files.

Scality CEO Jerome Lecat said April 17 the company will use the new capital to accelerate its investment in engineering in order to “innovate in ways that simplify the path to creating value with data.”

Scality’s claim to fame is that its tools enable storage administrators to protect, search and manage data anytime, on any cloud.

Scality was the first object storage provider to offer an Amazon S3 interface in 2010; first to offer native scale-out file system interfaces in 2013; first to adopt Docker in 2015; and first to introduce multi-cloud data control with Zenko in 2017, Lecat said.

Since its last round of funding in 2015, Scality has made significant advances in technology and won numerous awards and accolades from analysts, industry groups and channel organizations for its Scality RING Software-Defined Storage, including leadership position in the famous Gartner Magic Quadrant.

As the largest independent vendor in its storage sector, Scality continues to expand its footprint with new and existing customers; the company now counts more than 200 customers, all with storage footprints measured in petabytes.

The company counts among its customers leaders in their fields around the world, including Rackspace, Orange, KDDI, DMM.com, Telstra, Bloomberg Media, Dailymotion, Lancaster General Health (Penn Medicine), Poole Hospital NHS Foundation Trust, Banque Natixis, SNCF and more.

Scality also has successful customers using Veeam, Commvault, Oracle RMAN and IBM Spectrum Protect for backup; Broadpeak, Aspera, and Vizrt for M&E content distribution; and Philips, McKesson and Carestream for medical imaging--and more across other applications and use cases.

This latest funding round includes participation from all existing investors, Scality staff, and a new investor, Harbert European Growth Capital. This round brings the company’s total funding to date to $152 million.

Chris Preimesberger

Chris J. Preimesberger

Chris J. Preimesberger is Editor of Features & Analysis at eWEEK, responsible in large part for the publication's coverage areas. In his 12 years and more than 3,900 stories at eWEEK, he...