Indianapolis-Based Scale Computing Raises $34.8 Million To Grow Its AI Products

By Dan Anderson ● November 2, 2018

Scale Computing is an Indianapolis-based IT company that uses artificial intelligence and automation to fix hardware and software infrastructure problems. The company has also announced that it has raised $34.8 million in Series F funding.

Jeff Ready, the co-founder and CEO of Scale Computing, told Xconomy that Lenovo led this round. Allos Ventures also participated in this round along with undisclosed existing investors. Scale Computing has raised $104 million total since the company launched eleven years ago. Ready said that Scale Computing provides “a fully integrated alternative way of doing IT.”

“Typically in IT, you have servers, storage, networking, et cetera in a mish mash to run the backend,” said Ready via Xconomy. “The challenge is when you don’t have a lot of IT resources—personnel and maybe even money. That conflict between limited IT resources and increasingly complex IT infrastructure is the problem we’re trying to solve.”

To handle these challenges, Scale Computing unites disparate systems made by a wide range of vendors. And since companies usually have a number of interoperation components in the stack, it can feel like a needle in a haystack to find which piece is causing problems.

“You have to figure out what went wrong and how you unwind it while knowing all the pieces touch each other,” added Ready. “It’s like a Jenga tower—how do you keep all of that running? We consolidate things and eliminate the need for other vendors.”

With this round of funding, Scale Computing plans to hire more than 100 employees in the next year and a half. And many of those hires will be in global support positions.

Scale Computing also recently announced a partnership and joint product with Lenovo. Scale’s HC3 Edge Platform on Lenovo replaces complex on-premise infrastructure with its “self-healing” system.

Scale Computing has 3,000 customers around the world, including Ahold Delhaize. Ahold Delhaize is a Dutch supermarket chain with more than 7,000 locations.