Standing Cloud Lands $3,000,000 New Financing

  • Feed Type
  • Date
    11/10/2011
  • Company Name
    Standing Cloud
  • Mailing Address
    1433 Pearl Street Boulder, CO 80302
  • Company Description
    Standing Cloud provides simple, yet powerful, services that make it fast and easy for you to run open source applications in the cloud. We allow you to focus on putting cloud applications to work for you, instead of worrying about the servers that run them.
  • Website
    http://www.standingcloud.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Standing Cloud will use the funds from the round for the continued development and deployment of its cloud application management service for cloud service providers, including the expansion of automated application management and managed cloud capabilities, and the growth of its Application Storefront offering.
  • M&A Terms
  • Venture Investor
    Foundry Group
  • Venture Investor
    Avalon Ventures