CloudBees Raises $10.5M Series B
Boston-based start-up CloudBees has closed on $10.5 million in Series B financing led by Lightspeed Venture Partners. Matrix Partners also participated in the round. The company, which develops a platform-as-a-service for running applications in the cloud, previously nabbed $4 million in Series A financing. The money will help bolster marketing and sales efforts, as well as to expand product capabilities, the company said. John Vrionis, managing director at Lightspeed, will join the board.
25 July 2011•4 mins read
