{"id":10357,"date":"2014-03-05T00:31:47","date_gmt":"2014-03-05T00:31:47","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/news\/2014\/mar\/05\/cloudbees-secures-112m-series-c-funding-strengthens-verizon-play\/"},"modified":"2014-03-05T00:31:47","modified_gmt":"2014-03-05T00:31:47","slug":"cloudbees-secures-11-2m-series-c-funding-strengthens-verizon-play","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/cloudbees-secures-11-2m-series-c-funding-strengthens-verizon-play\/","title":{"rendered":"CloudBees secures $11.2m series C funding, strengthens Verizon play"},"content":{"rendered":"<p>PaaS provider CloudBees has secured series C funding to the tune of $11.2m (&pound;6.7m), in a round of investment led by Verizon Ventures.<\/p>\n<p>The latest round puts the total investment at $25.7m (&pound;15.4m), with Verizon joining existing investors Matrix Partners and LightSpeed Venture Partners, as well as new investor Blue Cloud Ventures.<\/p>\n<p>According to CloudBees CEO Sacha Labourey, the money will be used in two capacities &ndash; increasing go-to-market capability in different geographies, as well as further investment in the product, with particular focus on its enterprise product, Jenkins.<\/p>\n<p>&ldquo;We are getting great traction especially around Jenkins, and there is demand from large organisations to scale their environment and help us get more efficient at managing big companies&rsquo; delivery environment,&rdquo; he told <em>CloudTech.<\/em><\/p>\n<p>According to Labourey, the enterprise expertise only plays a small part in what makes CloudBees appealing to the venture capitalists.<\/p>\n<p>&ldquo;A lot of the &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PaaS provider CloudBees has secured series C funding to the tune of $11.2m (&pound;6.7m), in a round of investment led by Verizon Ventures.<br \/>\nThe latest round puts the total investment at $25.7m (&pound;15.4m), with Verizon joining existing investors Mat&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-10357","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/10357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=10357"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/10357\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=10357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=10357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=10357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}