CloudOne Obtains $1,700,000 New Funding Round

  • Feed Type
  • Date
    6/26/2012
  • Company Name
    CloudOne
  • Mailing Address
    Undisclosed Chicago, IL 60601
  • Company Description
    CloudOne delivers all the benefits of the Rational software development tools you already rely on, with the added value of an elastic, on-demand model. You gain a global collaboration platform to support distributed development for every phase of the application development lifecycle, with an economical pay-as-you-go model.
  • Website
    http://www.oncloudone.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,700,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment allows CloudOne to add engineers and sales representatives to the team, so that the company can help more customers collaborate globally using their cloud-based software development environment.
  • M&A Terms
  • Venture Investor
    Elevate Ventures
  • Venture Investor
    Individual Investor