BetterCloud Raises $25M in Funding
Summary
BetterCloud, a NYC-based provider of critical insights, automated management and intelligent data security for cloud office platforms, raised $25m in funding.The company intends to use the funds to expand sales and marketing, accelerate development to deepen integration with cloud office applications and broaden platform functionality.and Michael Tweddle, chief strategy officer, BetterCloud provides critical insights, automated management, and intelligent data security for cloud office platforms to IT teams in over 50,000 organizations.32 million users manage, secure and report on Google Apps and Microsoft Office 365 instances through the company’s platform.BetterCloud also has engineering offices in Atlanta, GA. FinSMEs 26/03/2015
Funding
Amount
$25.0M
Total raised
Date
March 26, 2015
Announcement date
Investors
Millenium Technology Ventures, Infinity Ventures Japan, New Amsterdam Capital, Accel, New Amsterdam Growth Capital, Flybridge Capital Partners, Tribeca Venture Partners
Lead investors
Company
http://www.bettercloud.com
Funded company
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
SaaS
IT Automation
Software Platform
Linked Companies
BetterCloud, Inc.
$10M to $25M