Enterprise Computing Company Bracket Computing Inc. Receives $45 Million

October 15, 2015
Enterprise Computing Company Bracket Computing Inc. Receives $45 Million
Enterprise computing company Bracket Computing Inc. (Bracket) has received an additional $45 million investment, bringing the funding the company received to date to in excess of $130 million. A number of investors were involved in the funding, including Goldman Sachs and Fidelity Management and Research Company. Other investors included Allegis Capital, Columbus Nova Technology Partners, Sutter Hill Ventures. Strategic investors included Qualcomm and GE. While the exact value of Bracket post investment was not revealed, the company has suggested it is less than $1 billion.

Bracket, which has headquarters in Mountain View, California, USA, was established in 2011. The company is the brainchild of Ironport Systems veterans Tom Gillis and Jason Lango. It specializes in software development and its flagship product, ‘Computing Cell’, unifies Bracket’s customers’ applications, data, security, networking and data management. Computing Cell can be utilized to manage customers’ data centers and public clouds and offers another layer of cloud security protection. Bracket’s customers’ have full control over their data which Computing Cell distributes to a range of cloud hardware to ensure continuity and enhance speed and performance.

"Bracket is fundamentally redefining enterprise computing," explained Bracket’s co-founder and current CEO, Tom Gillis. "Financial firms need to remain technology leaders, and we're working with some of the very largest as we define the blueprint for the data center of the future. Our vision is to provide a secure, advanced, virtual infrastructure that spans multiple clouds, both private and public, with one consistent set of capabilities. Having investors of this quality bolsters our efforts to build this ambitious technology."

Do you know of any other industry players that have received investment recently? Let us know the details. Add your comments below.





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