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

sourya

Sourya Biswas is a former risk analyst who has worked with several financial organizations of international repute, besides being a freelance journalist with several articles published online. After 6 years of work, he has decided to pursue further studies at the University of Notre Dame, where he has completed his MBA. He holds a Bachelors in Engineering from the Indian Institute of Information Technology. He is also a member of high-IQ organizations Mensa and Triple Nine Society and has been a prolific writer to CloudTweaks over the years... http://www.cloudtweaks.com/author/sourya/

Sorry, comments are closed for this post.


CloudTweaks Sponsors - Find out more!


Popular

Top Viral Impact

Cloud Infographic – Monetizing Internet Of Things

Cloud Infographic – Monetizing Internet Of Things

Cloud Infographic – Monetizing Internet Of Things There are many interesting ways in which companies are looking to connect devices to the cloud. From the vehicles to kitchen appliances the internet of things is already a $1.9 trillion dollar market based on research estimates from IDC. Included is a fascinating infographic provided by AriaSystems which shows us some…

Cloud Infographic – Cloud Fast Facts

Cloud Infographic – Cloud Fast Facts

Cloud Infographic – Cloud Fast Facts It’s no secret that Cloud Computing is more than just a buzz term as that ship has sailed off a long time ago. More and more companies are adopting the uses and benefits of cloud computing while aggressively factoring cloud services spending into their budget. Included is an excellent…

Cloud Computing Adoption Continues

Cloud Computing Adoption Continues

Cloud Computing Adoption Continues Nowadays, many companies are changing their overall information technology strategies to embrace cloud computing in order to open up business opportunities.  There are numerous definitions of cloud computing. Simply speaking, the term “cloud computing” comes from network diagrams in which cloud shapes are  used to describe certain types of networks. All…

5 Ways The Internet of Things Will Drive Cloud Growth

5 Ways The Internet of Things Will Drive Cloud Growth

5 Ways The Internet of Things Will Drive Cloud Growth The Internet of Things is the latest term to describe the interconnectivity of all our devices and home appliances. The goal of the internet of things is to create universal applications that are connected to all of the lights, TVs, door locks, air conditioning, and…

Cloud Infographic – Cyber Security And The New Frontier

Cloud Infographic – Cyber Security And The New Frontier

Cyber Security: The New Frontier The security environment of the 21st century is constantly evolving, and it’s difficult to predict where the next threats and dangers will come from. But one thing is clear: the ever-expanding frontier of digital space will continue to present firms and governments with security challenges. From politically-motivated Denial-of-Service attacks to…


Established in 2009, CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and 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.

You can help continue to support our community by social sharing, sponsoring, partnering or contributing to this great educational resource.

Contact

CloudTweaks Media
Phone: 1 (212) 763-0021
contact@cloudtweaks.com

Join our newsletter