Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.
ScaleXtreme, a company that makes cloud-based products for systems management, has raised $11M in a second round of funding. The Palo Alto-based company plans to use the funding to expand its product capabilities and strengthen its marketing and sales efforts.
The service opened to select users at the end of May. The product helps systems administrators easily configure and manage complex cloud architectures. ScaleXtreme currently works with services like VMware virtual machine and Amazon EC2. The company also offers an app store, which serves as a public repository of tools for its user community. Through the app store, users can import scripts and run them on any managed server. Many free scripts that were created by the company are available today.
In contrast to traditional solutions for systems management, which can be pricey and time consuming to integrate, ScaleXtreme’s product can be installed in minutes, and for now, is free of charge. The company’s complete freemium pricing model will debut with its final product release later this summer. At that point, clients will get the first two servers under management for free, and ScaleXtreme then plans to charge for paid licenses and per-hour subscriptions.
The groundwork for the company, which aims to be the “Salesforce.com of the systems management market,” began while co-founder and CEO Nand Mulchandani was an entrepreneur-in-residence at Accel Partners.
The current round of funding was led by Ignition Partners with participation from existing investor Accel, which invested $2.5M in a first round of funding last year.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.