MetalSoft Closes $16 Million in Series A  

by Kay Aloha Villamor in December 8th, 2022

MetalSoft, a Chicago, Illinois-based startup that provides “bare metal” automation software for managing on-premises data centers and multi-vendor equipment, closed $16 million in a Series A funding round led by DNS Capital.

The funds will be put toward growing MetalSoft’s sales and marketing functions and product development.

Founder and CEO Lucas Roh said, “We help reduce the cost of IT and we have become even more important in a more stringent spending environment. Our software can help reduce the technical labor requirements while significantly reducing cost while delivering the full functionality to their end-users.” Roh said. “After the spinout [from Hostway], we continue improving our product, especially in terms of the enterprise features that customers need.”

“We have done quite a bit of work on AI and machine learning that’s not yet part of our software stack,” Roh added. “We are currently working to incorporate AI and machine learning to intelligently manage and monitor bare metal hardware. We’ll be excited to introduce that product the second half of next year.”

MetalSoft enables enterprises and service providers to automate the management of hardware devices across all their data centers while allowing end-users to design, deploy, and operate their bare metal infrastructures via a simple, easy user interface or API.

Company: MetalSoft

Raised: $16.0M

Round: Series A

Funding Month: December 2022

Lead Investors: DNS Capital

Additional Investors:

Company Website: https://www.metalsoft.io/

Software Category: Bare Metal Automation Software

About the Company: MetalSoft is a provider of SaaS that manages hardware and software infrastructure and data. It provides intelligent bare metal automation software for managing data centers and multi-vendor equipment, from a single rack of servers to tens of thousands across the globe. Its software enables your physical infrastructure to change quickly and reliably with no human intervention. It then makes them available to be consumed on-demand by users and applications, like the cloud. MetalSoft’s mission is to provide the best-in-class, intelligent bare metal automation software platform to facilitate the building and operations of cloud-native infrastructure spanning from the core to the edge.


Source: https://techcrunch.com/2022/12/06/metalsoft-aims-to-help-manage-server-infrastructure-through-automation/



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