DivvyCloud Receives Funding from CIT GAP Funds

Funding Rounds

▤ Summary

DivvyCloud, a McLean, VA-based startup that provides software to help companies optimize their hybrid cloud-based IT infrastructure, received funding from CIT GAP Funds. The company intends to use the proceeds for product development and sales. They plan to add engineers and online marketing resources. Led by CEO and co-founder Brian Johnson, DivvyCloud provides software to help companies simplify the orchestration, monitoring and auditing of hybrid cloud-based infrastructure. It offers unified management, cost tracking/simulation and integrated auditing capabilities to increase security, increase efficiency, and reduce overhead.

$ Funding

$
Amount $850.0K Total raised
□
Date March 1, 2014 Announcement date
◎
Investors A. James Clark School of Engineering, New Dominion Angels, Acceleprise, CIT GAP Funds Lead investors
▥
Company http://www.divvycloud.com Funded company

◇ AskAI Classifications

Sectors
No sectors detected
Functions
Security General Security Software

▦ Linked Companies

DivvyCloud
$1M to $5M