Welcome!

API Journal Authors: Elizabeth White, Shelly Palmer, Sematext Blog, Kevin Benedict, Pat Romanski

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
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...