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Mirantis raises $100 mln in funding

Mirantis, which said it is eyeing an IPO in 2016, announced it has raised $100 million in Series B funding from Insight Venture PartnersAugust Capital and existing investors Intel Capital, WestSummit Capital Management, Ericsson, and Sapphire Ventures (formerly known as SAP Ventures). As part of the funding, Alex Crisses, managing director at Insight Venture Partners, has joined the company board. Mountain View, California-based Mirantis, which provides OpenStack cloud and open source application infrastructure, previously raised $20 million.

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