Eucalyptus Systems Garners $30,000,000 Series C Financing Round

  • Feed Type
  • Date
    4/18/2012
  • Company Name
    Eucalyptus Systems
  • Mailing Address
    6755 Hollister Ave. Goleta, CA 93117
  • Company Description
    We started Eucalyptus as a research project in the Computer Science Department at the University of California, Santa Barbara. The purpose of VGrADS was to investigate novel programming language and runtime system techniques for large-scale computational grid applications.
  • Website
    http://www.eucalyptus.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    We are rapidly expanding operations to meet the needs of advanced cloud deployments by customers and partners worldwide. This funding will help us move even faster in a rapidly growing cloud market.
  • M&A Terms
  • Venture Investor
    Institutional Venture Partners
  • Venture Investor
    Benchmark Capital
  • Venture Investor
    BV Capital
  • Venture Investor
    New Enterprise Associates