Seattle cloud startup Blue Box unpacks $1.5M in new funding

Funding Rounds

Summary

Blue Box, the Seattle cloud and hosting startup led by entrepreneur Jesse Proudman, has raised an additional $1.5 million in funding from Voyager Capital and Founders Collective that it will used to bolster its product development, sales and marketing team. “The private cloud marketplace is as hot as ever, and we’re hearing resounding interest from companies that want a frictionless way to deploy and operate OpenStack,” said Proudman in a statement. “Open cloud solutions are increasingly serving as the foundation for companies focused on driving IT agility and innovation. Couple this with the demand for development of Private PaaS on Private Cloud using CloudFoundry and 2014 is going to be a blast away year for Blue Box.” Blue Box was initially bootstrapped by Proudman, but he’s since gone on to raise a total of $5.8 million. The 10-year-old company now has more than 600 customers, and earlier this summer it was named to the Inc. 5000 list (#1,061) with revenue growth of nearly 400 percent over three years.

$ Funding

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Amount $1.5M Total raised
Date October 14, 2013 Announcement date
Investors Founder Collective, Voyager Capital Lead investors
Company http://www.blueboxcloud.com Funded company

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