CloudOne Receives $4,500,000 Series C Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=97d53b42-f796-4fbf-95b6-b6f18607dea8
Date
12/5/2014
Company Name
CloudOne
Mailing Address
9247 N. Meridian Indianapolis, IN 46260 USA
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
$4,500,000
Transaction Round
Series C
Proceeds Purposes
The company intends to use the funds to accelerate growth of its hybrid cloud platform.
M&A Terms
Venture Investor
Venture Investor
Venture Investor