The Schwartz
Cloud Report

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: [email protected], which provides a Java-based development infrastructure for building and testing of apps, and [email protected], 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 at 11:58 AM


Featured

  • The 2020 Microsoft Product Roadmap

    From the next major update to Windows 10 to the next generations of .NET and PowerShell, here's what's on tap from Microsoft this year.

  • Microsoft Tops $2.5B Mojang Deal with $7.5B ZeniMax Buy

    Microsoft on Monday announced its intent to acquire games maker ZeniMax, owner of Bethesda Softworks, for $7.5 billion in cash.

  • 2020 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. (Now updated with COVID-19-related event changes.)

  • Nvidia Buys Chip Maker Arm for $40 Billion

    Nvidia has entered into a "definitive agreement" to acquire U.K.-based chip design company Arm Ltd. from the SoftBank Group in a stock-and-cash deal valued at $40 billion.