ZeroStack Announces $16M In Series B Funding For Private Cloud Solution

Private cloud vendor ZeroStack today announced the finalization of $16M in Series B funding. The funding round was led by Formation 8 with additional participation from Foundation Capital, an existing investor and Mark Leslie, one of the members of the company’s board of directors. ZeroStack delivers a turnkey private cloud solution that leverages a hyper-converged infrastructure in conjunction with a web-based platform that for managing the health and performance of the private cloud infrastructure. ZeroStack simplifies and streamlines the process of creating and managing a private cloud in ways that allow enterprises with little to no experience with cloud deployment to enjoy the benefits of creating a private cloud within a matter of minutes. Moreover, ZeroStack integrates advanced role based access control into its deployments to allow lines of business, departments or other functional areas to enjoy the benefits of self-service cloud provisioning. Importantly, the ZeroStack platform’s convergence of compute, storage, networking and management functionality means simpler, integrated management of deployments and reduced operational costs. Today’s funding raise will be used to expand sales operations and accelerate product development to accommodate the company’s explosive growth with respect to the delivery of private cloud solutions for enterprise customers.