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Intel Corporation (NASDAQ:INTC) set to lead $100 million Cash Injection in

OpenStack developer Mirantis is on the receiving end of another big investment round led by Intel Corp., which headed a previous $100 million funding round last October in the pure-play OpenStack software vendor.

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The chipmaker is also partnering with Mirantis, in an effort to move into the cloud-computing space as more enterprises ditch their mainframe computers and decide to put their functions on the cloud.

Freedland explained that OpenStack needs to offer as many native services as possible if it’s to be able to compete with Microsoft and VMware, who he named as OpenStack’s biggest rivals in cloud infrastructure.

Mirantis software enables about 50 computer servers to function in concert, creating one flexible machine.

Intel previously invested in Mirantis in 2013, the Times said.

“On the whole, this collaboration that’s happening and Intel’s dollars, there is nothing proprietary in it. All of that is flowing directly into open source; there’s no IP that goes to Intel”.

“Mirantis is an open platform where everyone can come in and not be guarded by proprietary walls”.

Alex Freedland, co-founder and president of Mirantis, is more than a little bullish on the prospects of its OpenStack distribution in the wake of these endorsements. Including the latest round, the company has received a total capital of $195 million till now.

The company specialises in the provision of software, services, training and support to enterprises intent on running large-scale production deployments of OpenStack. “Mirantis is the only vendor 100 percent committed to only OpenStack”.

Mirantis, which sells a version of the OpenStack cloud computing technology, said the investment would help accelerate adoption of the open-source software in the enterprise market.

The funding round looks to capitalise on this by introducing tools that will make Mirantis’s take on OpenStack easier to deploy and integrate with existing enterprise datacentre technologies.

“As enterprises embrace public, private and hybrid cloud strategies, they need choices in their infrastructure software”, said Diane Bryant, senior vice president and general manager at Data Center Group, Intel, in a statement.

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Intel’s new commitment, while not decisive, could help make the product more appealing to corporate users. Smart enterprises are embracing the cloud to grow top line revenues and get new services to market faster.

Intel Corporation Invests $75 M In Mirantis To Boost Cloud Based Services