The Channel logo


By | Chris Mellor 15th December 2015 20:39

HPE invests $10 million in Scality

Shareholder letter spills golden beans

Days after Scality and HPE storage announced a reselling deal, adding to the existing HPE Server-Scality reselling deal, it has emerged that HPE has invested $10 million into the object storage startup.

Earlier this year, Scality announced a $45 million D-round of funding, taking total funding to $80 million. Logically this HPE $10 million could be seen as part of the D-round, though we don't know whether it's included or additional to it.

It comes a relatively short time after IBM bought Scality competitor Cleversafe.

The investment implies HPE is looking favorably at Scality's software and wants to help it along and/or get a deeper look at the business.

We've asked both HPE and Scality about the investment and will update this story when we hear anything more. Scality was unable to respond by the time we went to print despite acknowledging receipt of our question about the HPE investment. ®

comment icon Be the first to post a comment! alert Send corrections


Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella

Chris Mellor

Thousands of layoffs announced as spinning rust enters its death spiral


Locker room jocks photo via Shutterstock
Best locker-room strategy: Avoid emulating AWS directly
STRASBOURG, JUNE 29, 2016: The seat of the European Parliament. by Marco Aprile for shutterstock. EDITORIAL USE ONLY
Plan b, image via Shutterstock
EU workers, new markets: post-Brexit pressure on May & Co
Tough question, pic via Shutterstock