Cloud Computing Startups Raise Big Money: UPDATE 12

Cloud Computing Startups Raise Big Money: UPDATE 12

This is the thirteenth in a continuing series on startups raising funding. You can read the latest in the series at: Cloud Computing Startups Raise Big Money: UPDATE 11. For previous updates, please click on relevant links in the aforementioned article.  Today, there are two startups in focus – CloudPassage and Opscode.

CloudPassage

CloudPassage, a San Francisco-based cloud security startup that advertises its services as “Everything you need to secure your cloud servers,” has raised $14 million in second-round funding, bringing total funds raised to $21 million. The B round was led by Tenaya Capital, with existing investors Benchmark Capital and Musea Ventures also participating.

The startup, whose customer list includes Foursquare, StrongMail, Exois, Avatar New York and Izoox, has experienced subscriber growth of over 70% during the first two months of 2012 as compared with last year. It offers the security and compliance platform Halo, purpose-built for the cloud.

With the cloud quickly gaining traction, we were the first to provide a security platform that allows companies to safely leverage this new computing model. We’ll be extending our leadership in the IaaS security space with innovations that will change how companies look at server security altogether. We’re excited to have the continued backing and expertise of top-tier investors; both Benchmark and Tenaya are well-known leaders who strengthen the company’s ability to refine and execute on our vision,” said Carson Sweet, co-founder and CEO of CloudPassage.

We invested in CloudPassage based on the company’s ability to deliver innovative products that address a large market opportunity. Security has been a key barrier to cloud adoption, and the company’s comprehensive cloud server security platform is well positioned to solve this problem,” said Brian Melton, Managing Director at Tenaya Capital, who will join the CloudPassage board of directors.

Opscode

Opscode, which promises to help customers rule the cloud” with its open source Chef tool, has raised an additional $19.5 million in Series C funding. The round was led by Ignition Partners with participation from existing investors Battery Ventures and Draper Fisher Jurvetson.

Opscode enables companies to automate their cloud infrastructure. As Opscode CEO Mitch Hill explained, “As we enter the era of cloud computing, it is critical that we solve for the skills and tools gap created by the rapid and unabated proliferation of IT complexity. Opscode Chef bridges that gap by enabling IT with the tools and skills necessary to effectively build and manage next-generation IT infrastructure….It’s an elegant automation platform that can interate and repeat patterns.” The company counts several well-known names like Ancestry.com, Decide.com, LAN Airlines, Marshall University, SolutionSet, and Stella & Dot among its clients.

Ignition’s John Connors, a former Microsoft chief financial officer, will be joining Opscode’s board. “This is an extremely exciting time for Opscode as it creates and leads the infrastructure-automation market during a period of major IT transformation, driven by the rapid adoption of cloud computing and the ‘DevOps’ movement,” he said.

By Sourya Biswas

Sorry, comments are closed for this post.

Bimodal IT Is Not The Death of Traditional IT

Bimodal IT Is Not The Death of Traditional IT

Not The Death of Traditional IT If you are a CIO, no doubt you are getting pressure from your line of business managers to provide a more agile IT environment so they can take advantage of faster, easier to use cloud applications. If you’re not providing those services, they are probably using them anyway and…

The Concept Of Securing IoT To Secure Your Building

The Concept Of Securing IoT To Secure Your Building

Securing IoT Ah, security. It is the dulcet tone of a symphony that we play over and over in the IT world. IoT (Internet of Things) and the myriad of connected devices allow us some intriguing security options. For example, in a mesh array of sensors, you could effectively force users to correctly identify themselves…

Will Your Internet of Things Device Testify Against You?

Will Your Internet of Things Device Testify Against You?

Will Your Internet of Things Device Testify Imagine this:  Your wearable device is subpoenaed to testify against you.  You were driving when you were over the legal alcohol limit and data from a smart Breathalyzer device is used against you. Some might argue that such a use case could potentially safeguard society. However, it poses…

Is Bigger Better? Not with the Cloud on Your Side

Is Bigger Better? Not with the Cloud on Your Side

Is Bigger Better? Growing up, bigger almost always equated to better. The bigger kid hit the baseball farther, threw the ball faster, shot the hockey puck harder and usually won the fight. In school, we were taught that larger companies were better than the smaller ones. Bigger, meant better economies of scale, more market share…

Disaster Recovery – A Thing Of The Past!

Disaster Recovery – A Thing Of The Past!

Disaster Recovery  Ok, ok – I understand most of you are saying disaster recovery (DR) is still a critical aspect of running any type of operations. After all – we need to secure our future operations in case of disaster. Sure – that is still the case but things are changing – fast. There are…

Basic Cloud Risk Assessment Tips

Basic Cloud Risk Assessment Tips

Basic Cloud Risk Assessment You should worry about the risks of cloud computing. But don’t get too scared. With a few simple steps you can easily get a basic understanding of your risks in the cloud and even have a good start in managing these risks. If you are a large corporation in a regulated…

Securing A Mid-Sized Enterprise: When A Little Assistance Goes A Long Way

Securing A Mid-Sized Enterprise: When A Little Assistance Goes A Long Way

Securing A Mid-Sized Enterprise There is no longer any subjectivity in this statement: security is at the top of list for all CIOs. Every meeting I’ve attended over the last three months has been dominated by the topic of security and when it’s injected into the conversation, it’s not necessarily by my team, but the…

CloudTweaks is recognized as one of the leading influencers in cloud computing, infosec, big data and the internet of things (IoT) information. Our goal is to continue to build our growing information portal by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Advertising