RackWare Raises $3 Million for Cloud and Data Center Management

RackWare, a company that integrates data center and cloud resources into one scalable managed computing environment, has raised $3 million in Series A funding. The round was led by Kickstart Seed Fund and Osage Partners. The money will go towards beefing up RackWare’s sales and marketing organizations.

“We’re in a unique position for a Series A company in that we already have customers and revenue,” said Sash Sunkara, CEO of RackWare. “We’ll use this funding to grow our sales and marketing teams so we can attack the market with our production-ready Generation 2 product.”

RackWare’s RMM 2.0 software dynamically integrates existing data centers and cloud applications into a seamless, intelligent, and automated cloud computing fabric that simplifies administration and reduces costs while maximizing flexibility and resilience.

“Cloud management software is a fundamental enabler of enterprise cloud computing, and RackWare has a simplified approach to cloud management that enables rapid and efficient cloud migration and automatically optimized operations,” said Gavin Christensen, managing director of Kickstart Seed Fund. “We are excited to be working with the most dynamic company in this market space.”

Kickstart Seed Fund managing director Gavin Christensen will join RackWare’s board of directors, as will Osage Partners managing partner Nate Lentz.

“RackWare’s cloud management software fits perfectly with our focus on enterprise software,” said Nate Lentz, managing partner at Osage Partners. “This is a new market with only a few real players, and RackWare is in a good position to claim a commanding share of it.”

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About the Author

Jason Verge is an Editor/Industry Analyst on the Data Center Knowledge team with a strong background in the data center and Web hosting industries. In the past he’s covered all things Internet Infrastructure, including cloud (IaaS, PaaS and SaaS), mass market hosting, managed hosting, enterprise IT spending trends and M&A. He writes about a range of topics at DCK, with an emphasis on cloud hosting.

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