Jisto creates an elastic compute cloud out of underutilized enterprise server cycles, and allows enterprises to transparently run more parallelized compute-intensive workloads on their paid-for but unused resources. Jisto operates in on-premises data centers as well as private and public clouds, reducing computing costs by up to 75–90% over acquiring more hardware or cloud resources. Jisto is complementary to, and does not interfere with, most existing systems, virtualized and non-virtualized.
Location: United States, Massachusetts, Boston
Employees: 51-200
Total raised: $2.5M
Founded date: 2013
Investors 1
| Date | Name | Website |
| - | MassChalle... | masschalle... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 13.02.2016 | Seed | $2.5M | .406 Ventu... |
Mentions in press and media 7
| Date | Title | Description |
| 23.02.2016 | Jisto Named a Finalist for 2016 Edison Award | BOSTON--(BUSINESS WIRE)--Jisto, a novel enterprise solution for maximizing computer resource utilization, today announced that it has been named a finalist for the 2016 Edison Awards in the "Smart Grids and Servers" category. |
| 12.02.2016 | Jisto Closes $2.45M Seed Funding | Jisto, a Boston, MA-based novel enterprise solution for maximizing computer resource utilization, closed a $2.45m seed funding. The round was led by .406 Ventures. In conjunction with the funding, .406 Ventures Partner Greg Dracon and Manag... |
| 12.02.2016 | Daily funding roundup - February 12, 2016 | payleven received $10M; RKSV raised $4M; Jisto closed a $2.45M Seed funding LetterOne, a Luxembourg-based private equity and venture capital firm headed by Mikhail Fridman, invested $200 million in Uber. This new investment is a drop in the... |
| 11.02.2016 | Jisto Announces $2.45M in Funding led by .406 Ventures | Boston, Mass. – Feb. 11, 2016 – Jisto, a novel enterprise solution for maximizing computer resource utilization, today closed $2.45 million in seed financing led by Boston-based .406 Ventures. Jisto will debut its Elastic Workload Manager a... |
| 08.02.2016 | New Money: Jisto Gets $2.4M, DataCamp Raises $1M, DataRobot Gets $33M | Get a daily dose of Boston startup funding news in The Beat. Sign up here. New Money is BostInno's report on all the tech funding deals this week. Check back for updates. Jisto (Boston) Amount: $2.45 million seed round Investor: .406 Ventur... |
| 29.10.2014 | MassChallenge Celebrates Highest-Impact Startups from 2014 | MassChallenge and ~1,700 members of the Boston startup community gathered to celebrate entrepreneurship at the fifth-annual MassChallenge Awards Ceremony. The event featured pitches from the Top 26 startups, and speeches from Governor Deval... |
| 14.10.2014 | MassChallenge Announces Top 26 Finalists from Most Competitive Class Ever | Our entrepreneurs had a rigorous summer and Im very proud of all startups from the 2014 class, said MassChallenge Founder and President Akhil Nigam. These top 26 startups are poised to make a tremendous impact across a variety of industries... |