Stratoscale, a company developing new virtualization technology to dramatically improve the performance and efficiency of large data centers, announced it has raised $10 million in Series A financing from Battery Ventures and Bessemer Venture Partners (BVP). Following the investment, Scott Tobin, general partner at Battery Ventures and Adam Fisher, partner at BVP will join Stratoscale's board.

Stratoscale's co-founders are both noted serial entrepreneurs: CEO Ariel Maislos previously co-founded Anobit Technologies, a company that applied revolutionary signal-processing theories to flash-memory and was acquired by Apple Inc. in 2012. Before Anobit, Ariel founded Passave Inc., a semiconductor firm purchased by PMC-Sierra in 2006. CTO Etay Bogner previously founded Neocleus, a client virtualization company that was acquired by Intel, and SofaWare, a security company acquired by Check Point.
Battery, which led the current Stratoscale funding round, previously worked with both Ariel at Anobit and Etay at Neocleus.

Stratoscale is redefining the compute stack and building software for the next generation of datacenter infrastructure. 'Single-server solutions don't make sense at scale-they are inefficient and difficult to manage, and the workloads no longer fit into single-server thinking,' said Maislos. 'Stratoscale is building the runtime software infrastructure for scalable computing. Under this system, each workload can run on the best matching hardware. All available resources are used, and a unified compute and storage infrastructure is achieved.'

'Ariel and Etay are solving a big problem,' said Battery's Scott Tobin. 'There is a better way for organizations big and small to architect and manage their data centers, and Stratoscale is going to surprise people with the elegance of its solution and how the company takes what, behind the scenes, is a monumentally difficult task and delivers it in such a simple way.'

'I am excited to back such a seasoned team with a singular focus and ambitious vision,' added Adam Fisher, partner at BVP. 'Datacenters based entirely on single-server virtualization have grown too inefficient, and Stratoscale is helping to manage these problems.'

'Working with Scott and Adam is the best way to build a company that can tackle these huge problems,' Maislos added.