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

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

DFJ, DFJ Esprit, and Prime Ventures back the market leading solution for
managing server clusters within the data center

Business Wire

SAN JOSE, Calif. -- July 28, 2014

Bright Computing, the leading provider of cluster management software, today
announced a $14.5 million Series B financing co-led byDFJandDFJ Espritwith
participation fromPrime Venturesand existing investorING 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 atdfj.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.

Contact:

Black Swans Media
Michael Ratkevic, +1-408-209-5181
taylor@blackswansmedia.com
 
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