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

  • Salesforce To Acquire Informatica in $8 Billion Deal

    Salesforce announced on Tuesday it plans to acquire data management firm Informatica for $8 billion.

  • An image of planes flying around a globe

    2025 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.

  • Microsoft Gives Orgs More Power to 'Tune' AI Agents

    At its Build 2025 conference this week, Microsoft unveiled significant advancements aimed at empowering enterprises to create more sophisticated AI agents.

  • Build 2025: Microsoft Charts Wider Path for AI Agents

    At Build 2025, Microsoft unveiled its strategic vision for the future of AI agents, emphasizing the development of autonomous systems capable of performing complex tasks across various applications.

Most   Popular