CloudBees Obtains $11,200,000 Series C Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e2b40ab6-b29f-4dea-9b70-b017943f4532
Date
3/5/2014
Company Name
CloudBees
Mailing Address
400 TradeCenter Woburn, MA 01801
Company Description
CloudBees aims to provide the leading Java Platform as a Service (PaaS) covering both development services and a production runtime for Java.
Website
http://www.cloudbees.com
Transaction Type
Venture Equity
Transaction Amount
$11,200,000
Transaction Round
Series C
Proceeds Purposes
The new funds will be used to drive continued revenue growth by rolling out additional product capabilities, fund sales expansion and extend the reach of the CloudBees brand.
M&A Terms
Venture Investor
Verizon Ventures
Venture Investor
Matrix Partners
Venture Investor
Lightspeed Venture Partners