The Lenovo-backed edge computing technology producer has pulled in $30m through a round led by Elevate Ventures.
Scale Computing, a US-based edge computing and virtualisation technology provider backed by consumer electronics manufacturer Lenovo, secured $30m in funding yesterday.
Venture capital firm Elevate Ventures led the round, participating alongside undisclosed existing investors.
Founded in 2007, Scale has built a software platform called HC3 which can run applications while locating and correcting infrastructure issues in real time. The cash has been earmarked for growing its sales, product delivery and research and development activities.
The company closed $21.2m of series F funding, in a round being led by Lenovo in late 2018 that was also backed by new and existing investors including Allos Ventures. The round was slated to close at $34.8m but Scale did not confirm whether it raised additional funding.
The series F round follows approximately $68m from investors including Allos Ventures, ABS Capital Partners, First Analysis, Heron Capital Venture Fund, Reservoir Venture Partners, CID Equity Capital, Spring Mill Venture Fund, Blue Chip Venture Company, Northgate Capital, Benchmark and Scale Venture Partners.