Dive Brief:
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Intel is beefing up its support for free software designed to help companies achieve the kinds of benefits offered by cloud services like Amazon, Google and Microsoft.
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The company announced plans on Monday to lead a $100 million infusion into Mirantis Inc., which sells a subscription version of OpenStack, an open-source software.
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Experts say Intel’s commitment could help make the product more appealing to corporate users.
Dive Insight:
OpenStack offers a software dashboard to help companies manage collections of server systems, storage devices and networking equipment.
Intel senior vice president Diane Bryant said more companies would set up cloud-style operations if software developers “tackled technical shortcomings with existing products.”
In addition to Intel, investors in the latest funding round include Ericsson — the venture-capital arm of software maker SAP SE — as well as August Capital and Insight Venture Partners.
