Welcome!

Cognitive Computing Authors: Elizabeth White, Yeshim Deniz, Liz McMillan, Pat Romanski, Shelly Palmer

News Feed Item

Bright Computing Raises $14.5M Series B to Accelerate its HPC, Hadoop, and OpenStack Business

Bright Computing, the leading provider of cluster management software, today announced a $14.5 million Series B financing co-led by DFJ and DFJ Esprit with participation from Prime Ventures and existing investor ING Corporate Investments. As part of the funding round, DFJ Partner Bill Bryant, Prime Ventures Partner Alexander Ribbink, DFJ Esprit Partner Richard Marsh, and ING CISO Rob Bening will be joining Bright’s board of directors.

Founded in 2009, Bright Computing specializes in management software for clusters and clouds used in high performance computing (HPC), storage, databases, Hadoop, and OpenStack. Bright’s integrated approach makes cluster management easy for DevOps and IT operations teams, while providing powerful and complete management capabilities for mission critical workloads. Bright Cluster Manager is used at over 400 customers, including more than 20 Fortune 500 companies, leading government labs, and research institutes. The company has partnered with Dell, Cisco, Cray, HP and other technology leaders in bringing Bright Cluster Manager to their customers.

Bright Computing will use the financing to continue investing in its flagship cluster management technology, focusing especially on the emerging Hadoop and OpenStack ecosystems. The company expects to extend its channel by adding partners around the world, and providing higher levels of support to direct enterprise accounts.

“Bright Computing is bringing to the rest of us the sophistication of Google or Amazon in how they manage their compute clusters and data centers,” said Bill Bryant, DFJ Partner. “They deliver the same capabilities in automating and simplifying the management of clusters for any workload. Bright manages many of the world’s most complex environments in technology, pharmaceuticals, aerospace, government labs, universities and financial services. With support now for Hadoop and OpenStack, the company has an enormous opportunity.”

“From its European origins, Bright has established itself in the US and as the market leader in this important and rapidly growing sector,” said Richard Marsh, DFJ Esprit.

"Data analysis has become the lifeblood of modern business, but it can be complex and challenging for corporations to manage,” said Alexander Ribbink, partner at Prime Ventures. "Using Bright Cluster Manager to manage clouds, clusters and data infrastructure can turn this challenge into a strategic advantage. This round of funding will help bring that advantage to more customers around the world.”

“This financing round marks a new milestone in the already impressive track record of Bright Computing,” said Jan Willem Nieuwenhuize, director at ING Corporate Investments. “We are pleased with the exponential growth that Bright exhibited over the recent years and we expect this to continue, based on the many opportunities that Bright can develop on the basis of this financing round.”

“We’re proud and excited to have such prestigious investors join the company,” said Dr. Matthijs van Leeuwen, CEO and founder of Bright Computing. “I’m looking forward to working with our new board members, drawing on their experience as we enter the next phase of growth.”

Bright partners include Amazon, Cisco, Cray and Dell. Included among its hundreds of customers are Boeing, Intel, NASA, Roche, Sinopec, Stanford University and the Tokyo Institute of Technology.

About Bright Computing

Bright Computing is transforming the way clusters are managed in the modern data center. Founded in 2009, Bright’s award winning cluster management software lets users monitor and build clusters of any size that are easy to provision, operate, monitor, manage, and scale. Bright partners include Amazon, Cisco, Cray and Dell. Customers include Boeing, NASA, Roche, Stanford University and the Tokyo Institute of Technology. Bright’s technology is running in over 500 data centers all over the globe. Bright has been recognized as a Red Herring Top 100 company and a Deloitte Rising Star winner, and was named Bio-IT World’s “Best of Show.” For more information about Bright Computing, visit www.brightcomputing.com and follow us on Twitter (@BrightComputing).

About DFJ

DFJ is a venture capital firm that partners with extraordinary entrepreneurs who are changing the world. Since 1985, DFJ's core funds have raised $4B, which has been deployed in more than 300 portfolio companies, including AdMob, Baidu, Box, Hotmail, Skype, Solarcity, SpaceX, Tesla Motors, Tumblr, Twitter and Yammer. DFJ works with companies at seed, early and growth stages, with the goal of creating iconic and lasting businesses. Learn more at dfj.com.

About Prime Venture

Prime Ventures is a leading venture capital and growth equity firm focusing on investing in European companies in the technology and related industries. The firm has invested in companies in the Benelux countries, Germany, United Kingdom, France, Finland and Sweden. From its offices in The Netherlands and the UK the independent partnership manages over 425 million euro in committed capital.

About DFJ Esprit

DFJ Esprit is one of Europe’s most experienced venture capital investors, helping entrepreneurs build ground-breaking technology companies. In recent years, DFJ Esprit’s exits have generated more than $3 billion in combined enterprise value. Portfolio companies include Achica, Graze, Greenpeak, and TrustPilot. DFJ Esprit is the exclusive European member of the Silicon Valley-based DFJ Global Network which has 30 offices around the world, $7bn in funds under management, and portfolio companies including Baidu, Box, Skype, Space X, Tesla, Twitter, Yammer and other leading innovators.

About ING Corporate Investments

ING Corporate Investments, part of ING Bank NV, is a provider of equity and mezzanine financing to companies that have their origin in the Benelux region. ING Corporate Investments provides financial solutions for growth companies, buy-outs, (partial) exits, balance sheet optimization and a range of other opportunities. Over the past 10 years, ING Corporate Investments invested over 1.5 billion euro in equity and subordinated debt products.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assis...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
SYS-CON Events announced today that A&I Solutions has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 1999, A&I Solutions is a leading information technology (IT) software and services provider focusing on best-in-class enterprise solutions. By partnering with industry leaders in technology, A&I assures customers high performance levels across all IT environments including: mai...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.
SYS-CON Events announced today that EARP will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "We are a software house, so we perfectly understand challenges that other software houses face in their projects. We can augment a team, that will work with the same standards and processes as our partners' internal teams. Our teams will deliver the same quality within the required time and budget just as our partn...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that Tappest will exhibit MooseFS at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. MooseFS is a breakthrough concept in the storage industry. It allows you to secure stored data with either duplication or erasure coding using any server. The newest – 4.0 version of the software enables users to maintain the redundancy level with even 50% less hard drive space required. The software func...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...