A partnership with Japanese personal-computer maker Lenovo—to be rolled out Feb. 25—and $34.8 million secured in October has the software firm poised for explosive growth.
Indianapolis-based Scale Computing Inc. has raised another $18 million in venture capital that CEO Jeff Ready expects will allow it to hire more employees, potentially move downtown and become profitable.
One of the hottest tech firms in Indianapolis is more than halfway to its goal in its latest round of fundraising.
Reaching the publicly traded level might not happen for anyone in the next year or two, but Indianapolis has several companies (including Jeff Ready’s Scale Computing) that have hoisted themselves out of the often-shaky startup phases and are ready to take off.
Local firm’s new data center is seen as an alternative to so-called “virtualization” trend.
Most local venture funds are standing pat because the economy is weak and they’re no longer
in fund-raising mode. Having invested most of their funds, the firms have shifted to the nurturing, or “harvesting”
stage, to try to improve investment returns.
Data-storage upstart Scale Computing on Monday announced a $9 million investment from Silicon Valley venture firm Benchmark
Capital. The infusion will help kick-start a global sales expansion focused on Japan and Europe, said Scale CEO Jeff