Matrix Leads $4M Deal for CloudBees

Matrix Partners, a venture firm with offices in Waltham, MA and Silicon Valley, has led a $4 million Series A financing for CloudBees, a startup developing a cloud-based platform for Java computing and development, the company announced today. Individual investors Marc Fleury and Bob Bickel, both veterans of open-source middleware online community JBoss, also participated in the deal for CloudBees, which emerged from stealth mode in August and will set up its headquarters in Boston. Bickel and Matrix general partner David Skok will join the CloudBees board as a result of the deal, which is the first of a multi-stage investment, according to the announcement.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.