Intel backs $100M funding round into OpenStack cloud

Looking to fuel enterprise adoption of the cloud, Intel is playing a lead role in a $ 100 million investment in an emerging player in the OpenStack arena.

Intel announced today it was leading a $ 100 million funding round for a collaboration with Mirantis Inc., a Mountain View, Calif.-based cloud computing company, to boost its work in enterprise OpenStack distribution and adoption.

“We hear a lot about OpenStack being ready for the enterprise, and in many cases OpenStack has provided incredible value to clouds running in enterprise data centers today,” wrote Jonathan Donaldson, a vice president at Intel in a blog post. “However, when talking to the IT managers who have led these deployment efforts, a few key topics arise: it’s too complex, its features don’t easily support traditional enterprise applications, and it took some time to optimize for deployment.”

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