Tuesday, July 12, 2022

Bad news, Scale Computing raises a new round

Scale Computing, an alternative HCI players, founded in 2007, 15 years ago, has to raise a new round of $55 million, it is the 11th round. This is just incredible, as we don't expect any IPO for such vendor but more an exit, this late round represents a really bad signal to the market. Far to be a unicorn, the company has raised a total of $202.8 million which implies a pretty small valuation on total money raised ratio. Let's wait a bit but I won't be surprised to see Scale Computing on an acquirer target list, sorry I can't mention any name.

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