Thursday, December 21, 2017

Mesosphere Set to Achieve Sustainable Revenue in $50 Million Range


Utilizing open-source Apache Mesos technologies, Florian (“Flo”) Leibert directs Mesosphere, Inc., and introduces efficiencies and cost savings for “webscale" enterprises seeking to optimize their cloud infrastructure. A recent Business Insider article brought attention to the success of Florian Leibert’s company, which famously declined a Microsoft acquisition offer valued at $150 million.

Mr. Leibert described his company as one that is on track to achieve $50 million in annual revenue, contrary to the expectations of Silicon Valley insiders who wrote off Mesosphere as defunct.

Launched in 2013, the company relies on the same open-source Mesos software that Apple used to create Siri. Developed at the University of California, Berkeley, the software was brought to Twitter by Ben Hindman at a time when he and the other Mesosphere cofounders were working at the social media app company.

To date, Mesosphere has raised $122 million in venture capital funding from investors that include Microsoft, Khosla Ventures, and Hewlett Packard Enterprise. With revenue tripling year by year, the company is on a trajectory to become self-sustaining, although an IPO or additional funding round may be necessary.