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BroadBand Tower

HIBIYA PARKFRONT, 2-1-6 Uchisaiwaicho, Tokyo, Chiyoda-ku, 100-0011, Japan

Overview

BroadBand Tower supports IoT (internet of things) through its advanced technological capabilities.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Computer
  • Consumer Electronics
  • Information Technology
  • Internet of Things
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Investment portfolio

  • Scality

    Participated · Series D · Aug 2015

    Scality builds a market-leading software-defined file and object platform designed for on-premises, hybrid and multi-cloud deployments. In 2020 the company reported 30% year-over-year annual growth and achieved the largest quarterly revenue results in its 10-year history. Its enterprise customers span 43 countries across healthcare, financial services, cloud service providers, government and media, with notable new logos including Splunk, Veeam and Weka. Customer investments increased in all-flash file and object storage solutions and S3 hybrid deployments across AWS, Microsoft Azure and Google Public Cloud. Scality secured large-capacity orders up to and over 80PB, expanded into Australia, New Zealand, Israel, Dubai, India and Russia, and reinforced channel relationships with HPE, Supermicro and Western Digital. The company introduced new capabilities in RING object storage and SOFS, added support for all-flash servers, launched a NAS Archiver solution and validated SOFS in Azure. Scality develops software for distributed file and object storage and multi-cloud data control, used to protect, search and manage data across clouds. The company positions its technology as a core component of cloud services across industries including financial services, manufacturing, Media & Entertainment and medical institutions. Customers named in the article include Rackspace, Orange, KDDI, DMM.com, Telstra, Bloomberg Media, Dailymotion, Lancaster General Health, Poole Hospital NHS Foundation Trust, Banque Natixis and SNCF. Led by CEO Jerome Lecat, Scality will use the new funds to accelerate investment in engineering for technology innovation. The article states the company is San Francisco, CA–based and serves businesses planning to leverage cloud. Prior to this round Scality had raised a total of $92m; this round brings total funding to date to $152m. Scality builds the RING, a software-defined storage platform that unifies file, object and OpenStack storage and runs on standard x86 servers. The RING is designed for capacity-driven workloads (cloud services, video, archiving), scales to exabytes and serves over 500 million users worldwide. Since its prior round in July 2013 the company increased revenue by 400% and grew headcount from 42 to 160. Scality has expanded internationally with a Japanese subsidiary (Scality KK), an office in Singapore and a Boston R&D center, and has resale agreements with HP and Dell. The company released an online trial of the RING and IDC named Scality a leader in object-based storage. Scality plans to use new capital to boost its North American salesforce, expand internationally, support resellers, and accelerate product development in multi-geo services, file/object interoperability and security; management has stated the company is being primed for an IPO by 2017. Scality provides the Scality RING, a patented scale-out object storage solution that operates on commodity server hardware and supports protocols such as NFS, the S3 API, Cinder for OpenStack, and Hadoop integration. Introduced in 2010 and led by CEO Jerome Lecat, the company targets large-scale Cloud, Big Data, and backup/archive use cases. Customers include four of the top ten cable operators in the US, a large telecom in France, portals in Italy, Germany and the UK, and several mobile operators in Japan. The company intends to use new funding to strengthen sales and marketing efforts aimed at enterprise and service-provider markets and to expand its R&D team. Since inception the company has raised a total of $35M in invested capital. Scality is based in San Francisco, CA. Scality provides storage-as-a-service and an object-based storage platform for enterprise customers. The company plans to add full multi-tenancy to support service providers offering virtual private clouds (VPCs). It will use part of the Series B proceeds to open an East Coast sales and services office in New York to complement its San Francisco headquarters. Scality said it will step up development of its platform following the new funding. The company previously delivered a complete email platform to cable operator Telenet for over 2 million users. Total investment in the company to date is $13 million.

Team

No current team members are available.