Metacloud Closes $15M Series B Funding

Funding Rounds

▤ Summary

Metacloud Inc., a Pasadena, California-based provider of an OpenStack as a service for large companies, closed a $15m Series B round of funding.The company intends to use the funds to expand its team and to accelerate the evolution of its product platform.Founded in 2011 by Steve Curry, president, Metacloud deploys and supports private cloud solutions for some of the world’s largest enterprises.It currently offers two private cloud solutions: – Metacloud OnPrem, a flexible solution based on OpenStack that can run on all leading hardware platforms and includes continuous feature updates, 24×7 advanced operational support, and an unmatched SLA, and – Metacloud Hosted, a solution that combines the OpenStack-based platform and expert support with global hosting, hardware, and networking technology to deliver the benefits of a private cloud with the on-demand provisioning of the public cloud.The company is an OpenStack Foundation member and an active contributor to the project.

$ Funding

$
Amount $15.0M Total raised
□
Date May 7, 2014 Announcement date
◎
Investors Storm Ventures, AME Cloud Ventures, Pelion Venture Partners, Canaan Partners, UMC Capital, SVB Capital Lead investors
▥
Company http://www.metacloud.com Funded company

▥ Classifications

industries
No industries detected
applications
Collaboration & Communication

◇ AskAI Classifications

Labels
No AI classifications detected

▦ Linked Companies

Cisco Technology Inc.
$10M to $25M