The Schwartz
Cloud Report

Blog archive

CloudShare Gains $10 Million in Funding

CloudShare this week said it has bagged $10 million in new funding led by Globespan Capital Partners, joined by existing backers Sequoia Capital, Charles River Ventures and Gemini Israel Funds.

The company has raised a total of $26 million in three rounds since its founding in 2005. CloudShare said it will use the funding to expand its sales and market presence.

CloudShare lets developers and IT admins build, share, test, demo and train on business applications on its cloud-based infrastructure using a browser. Among its customers are Cisco, SAP, Hewlett-Packard, Dell, McAfee and Adobe. Overall, CloudShare says it has 50,000 customers.

Posted by Jeffrey Schwartz on July 07, 2011


Featured

  • Red Brick Graphic

    Microsoft To Pour Millions into Partner Incentives, Azure and Security in FY2025

    Microsoft's inaugural MCAPS Start for Partners event took place this week, marking the beginning of its fiscal 2025.

  • New Microsoft Security Releases Aim To Smooth the Road to Zero Trust

    IT teams often juggle multiple tools to monitor and maintain the security of their environments. Two new products released by Microsoft this week aim to consolidate their toolboxes and help organizations achieve zero trust faster.

  • Antitrust Worries Hound Microsoft Off OpenAI's Board: Report

    In a move likely meant to assuage antitrust regulators' concerns, Microsoft on Wednesday stepped down from its role as a non-voting OpenAI board member.

  • Image of a futuristic maze

    The 2024 Microsoft Product Roadmap

    Everything Microsoft partners and IT pros need to know about major Microsoft product milestones this year.