CloudBees collect $11.2 million for the hive
With new Verizon Ventures led cash injection, PaaS provider is well placed to become go-to guys for continuous delivery.
PaaS provider CloudBees has just closed its latest
round of funding, signing off to the tune of $11.2 million. The
series C round of financing was led by telecommunications provider
Verizon Ventures, who recently announced a
partnership to make the CloudBees PaaS software available on
the new Verizon Cloud infrastructure. Past investors Matrix
Partners and Lightspeed Ventures also
joined the charge, as well as new investor Blue Cloud
This influx of capital brings the total amount of
investments into CloudBees to $27.7 million. The new funding go
towards helping to grow global sales, as well as the development of
new product features.
notes, whilst there are plenty of other companies around which
offer similar services to the ‘Bees, the comprehensive
from-blueprint-to-release app delivery they provide is unrivalled
in the space. It’s this differentiation that puts them in
excellent stead for becoming the “go-to provider” for
continuous delivery of software.
PaaS environments have yet to achieve mass adoption
(in fact, some argue that this tipping point may
never come for PaaS as we know it). Many companies are more
than happy to plod along with traditional application servers over
PaaS environments, which extract away good deal of the
underlying complexity of the IT environment.
CloudBees CEO Sacha Labourey is forecasting that a sea
change is about to take place in the industry towards PaaS – and
with $11.2 million, they are well placed to help drive it.
Writing about the news on his
blog, he reflects that 2013 was a key year for the company,
thanks to the “radical” changes the continuous delivery has wrought
on the way companies build and deploy applications. He added that,
with their popular PaaS solutions and Jenkins CI, CloudBees
“holds a strategic position at the core of this phenomenon.”
In 2014, CloudBees is also planning to expand its
presence on the cloud with a series of infrastructure provider
Labourey confirms that, “In 2014, we obviously aim to
drive continued sales growth and product expansion, but we will
also be announcing more partnerships aimed at bringing the power of
Continuous Delivery to more developers, more solutions and more
businesses around the globe.”
The multi-million dollar endorsement comes on the heels of a
more good news for CloudBees from Gartner, who has placed the
company as “visionaries” in their latest
Magic Quadrant for Enterprise aPaaS.