Electric Cloud Secures $8,000,000 New Financing

  • Feed Type
  • Date
    9/3/2013
  • Company Name
    Electric Cloud
  • Mailing Address
    676 W. Maude Avenue Sunnyvale, CA 94085
  • Company Description
    Growing from this foundation of build expertise, Electric Cloud’s product suite — ElectricAccelerator, ElectricCommander and ElectricInsight — now improves development productivity and product quality by accelerating, automating and analyzing the entire software production management lifecycle.
  • Website
    http://www.electric-cloud.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    To increase market share within the growing DevOps movement, Electric Cloud will further invest in engineering, sales, and marketing.
  • M&A Terms
  • Venture Investor
    Siemens Venture Capital
  • Venture Investor
    U.S. Venture Partners
  • Venture Investor
    Mayfield Fund
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Rembrandt Venture Partners