Standing Cloud Raises $3 Million, Fends Off Font Snobs With New Logo

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Summary

Back in July, I wrote about a nifty new startup called Standing Cloud that makes it easy to set up hosted installs of dozens of cloud-based applications — like WordPress, Drupal, or Trac — with a single click. Now Standing Cloud is back with a new, much more attractive logo that should appease all you font critics, and it has some big news in tow: it just closed a $3 million Series B funding round led by Avalon Ventures, with participation from existing investor Foundry Group. Jilk says that many small and medium businesses who might be interested in Standing Cloud aren’t necessarily familiar with the various applications it offers, or which ones might be best for them. Each application listing will include references to recommended consulting firms that specialize in working with that app, in case a business needs something customized. However, Jilk says that this directory of applications (which will primarily be composed of open sourced apps for now) doesn’t represent a change in Standing Cloud’s strategy.

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Amount $3.0M Total raised
Date November 30, 2010 Announcement date
Investors Avalon Ventures, Foundry Group Lead investors
Company http://www.standingcloud.com Funded company

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ERP & Process Management

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