The Schwartz
Cloud Reportby Jeffrey Schwartz, Executive Editor

Blog archive

CloudBees Secures $10.5 Million in Funding

CloudBees, which offers a cloud-based Platform as a Service (PaaS) for Java applications, has secured $10.5 million in Series B financing from Lightspeed Venture Partners.

The startup company, founded last year by former JBoss CTO Sacha Labourey, offers a Java development- and deployment-based PaaS.

Waltham, Mass.-based CloudBees currently offers two core services: DEV@cloud, which provides a Java-based development infrastructure for building and testing of apps, and RUN@cloud, which provides an app server in the cloud for deployment.

Among CloudBees' customers are Cisco, Digg, Lawrence Livermore National Laboratory and Sandia National Laboratories.

The company received $4 million in Series A financing in November from Matrix Partners, which also participated in the current round. CloudBees said it will use the funds for product development and to expand sales and marketing efforts.

Posted by Jeffrey Schwartz on August 08, 2011


Featured

  • Microsoft Starts Countdown to Dynamics GP End-of-Support

    Dynamics GP, Microsoft's venerable enterprise resource planning (ERP) solution for midsized businesses, is set to lose support in four years.

  • 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.

  • Windows Recall Preview Starts Rolling Out with Windows 11 24H2

    Microsoft on Tuesday began rolling out Windows 11 version 24H2, describing the update as a "full OS swap that contains new foundational elements required to deliver transformational Al experiences and exceptional performance."

  • An image of planes flying around a globe

    2024 Microsoft Conference Calendar: For Partners, IT Pros and Developers

    Here's your guide to all the IT training sessions, partner meet-ups and annual Microsoft conferences you won't want to miss.

Most   Popular