Piston Cloud Computing Garners $8,000,000 Series B Financing

  • Feed Type
  • Date
    2/4/2013
  • Company Name
    Piston Cloud Computing
  • Mailing Address
    141 Central Avenue San Francisco, CA 94117
  • Company Description
    Piston is focused on delivering on- and off-premise products and solutions that make Cloud Computing usable for the Enterprise. The team is composed of the major architects from the OpenStack project, recently spun out of NASA and quickly becoming the lead open source IaaS platform.
  • Website
    http://www.pistoncloud.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The investment will be used to fuel product development, meet the needs of Piston Cloud’s rapidly expanding customer base and further deliver on the company’s vision for mass adoption of OpenStack.
  • M&A Terms
  • Venture Investor
    Cisco Systems
  • Venture Investor
    Data Collective
  • Venture Investor
    Divergent Ventures
  • Venture Investor
    Hummer Winblad Venture Partners
  • Venture Investor
    True Ventures