# Mirantis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mirantis

- Industry: Software
- Headquarters: Campbell, US
- Website: www.mirantis.com
- Total disclosed funding: $160M
- Latest round: Series B (Aug 7, 2015)
- Investors on record: 11

## About

Mirantis Inc., based in California, US, specializes in AI infrastructure management and cloud solutions, providing cutting-edge tools for managing AI and cloud workloads with a strong focus on Kubernetes-based platforms.Mirantis Inc. was founded in 2011 in Campbell, California, US, and focuses on AI infrastructure management and cloud solutions. The company was co-founded by Adrian Ionel, Alex Freedland, and Ruud Bruynen. It has successfully closed 6 funding deals, with the most recent being a Venture Debt funding round amounting to USD 35.00 mn from Horizon Technology Finance on October 10, 2023. Mirantis has raised a total of USD 75.00 mn.Mirantis specializes in AI infrastructure management and cloud solutions, primarily through its flagship product, Mirantis k0rdent, designed for managing AI applications and platform workloads at scale. This Kubernetes-native platform enables users to handle AI, container, and virtual machine workloads seamlessly across various environments, including public clouds, on-premises data centers, and edge locations. Mirantis also offers a suite of integrated products such as the Mirantis Kubernetes Engine and Mirantis OpenStack for Kubernetes, providing comprehensive control over cloud infrastructure. The company serves a diverse client base, including enterprise customers and cloud service providers, addressing use cases such as AI application delivery and multi-cluster management, with a market presence in North America, Europe, and Asia-Pacific.Mirantis generates revenue through a subscription model, where clients engage in multi-year contracts for access to its software and cloud management solutions. The company’s transactions involve partnerships with business-to-business clients, including large enterprises and service providers. Key offerings, such as Mirantis k0rdent and Mirantis Kubernetes Engine, are central to these transactions, driving value for customers looking for scalable cloud solutions. Specific pricing plans for individual products are not disclosed, but clients typically enter agreements that encompass a range of services and support options tailored to their operational needs, fostering long-term relationships with continual updates and enhancements as part of their subscriptions.In October 2023, Mirantis, Inc. raised USD 35.00 mn in Venture Debt funding from Horizon Technology Finance Corporation. The company plans to utilize this funding to support its business expansion efforts. Future strategies include the development of new products targeting enhanced AI capabilities and potential expansion into emerging markets.

## Funding rounds

- Series B, Aug 7, 2015, $75M — Intel Capital, Insight Partners, August Capital, Sapphire Ventures, Goldman Sachs Asset Management, WestSummit Capital, Black River Ventures, Ericsson Ventures
- Series B, Oct 7, 2014, $66M — Intel Capital, Insight Partners, August Capital, Sapphire Ventures, WestSummit Capital, Ericsson Ventures
- Series A, May 28, 2013, $10M — Sapphire Ventures, Eastven Venture Partners, Red Hat, Inc., WestSummit Capital
- Series A, Jan 10, 2013, $9M — Intel Capital, Dell Ventures, WestSummit Capital

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B
- Dell Ventures (https://capitalatlas.ai/funds/dell-ventures) — Series A
- WestSummit Capital (https://capitalatlas.ai/funds/westsummit-capital) — Series A, Series B
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series A, Series B
- Eastven Venture Partners (https://capitalatlas.ai/funds/eastven-venture-partners) — Series A
- Red Hat, Inc. — Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B
- August Capital (https://capitalatlas.ai/funds/august-capital) — Series B
- Ericsson Ventures (https://capitalatlas.ai/funds/ericsson-ventures) — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B
- Black River Ventures (https://capitalatlas.ai/funds/black-river-ventures) — Series B