San Francisco-based start-up Rescale has raised $32m in a series B funding round, led by Keen Venture Partners, SineWave Ventures and Initialized Capital. It brings the firm's total funding to $52m, while previous backers include Peter Thiel, Richard Branson and Jeff Bezos. Rescale helps companies migrate their on-premises legacy computing systems to the cloud, and counts Sikorsky Innovation and Boom Aerospace among its 150 clients. The latest investment will enable the firm to expand into Asia and Europe, and work with systems integrators.
San Francisco-based start-up Rescale has raised $32m in a series B funding round, led by Keen Venture Partners, SineWave Ventures and Initialized Capital. It brings the firm's total funding to $52m, while previous backers include Jeff Bezos, Richard Branson and Peter Thiel. Rescale helps companies migrate their on-premises legacy computing systems to the cloud, and counts Sikorsky Innovation and Boom Aerospace among its 150 clients. The latest investment will enable the firm to expand into Asia and Europe, and work with systems integrators.