CloudPhysics Got $15 Million in Funding

»»CloudPhysics Got $15 Million in Funding

CloudPhysics_logo_v6_SCloudPhysics, Inc., providi,g predictive analytics for virtual datacenter management, has secured $15 million in a series C round of funding, led by venture capital firm Jafco Ventures with participation from the company’s existing investors Kleiner Perkins Caufield & Byers and Mayfield Fund.

CloudPhysics, who has raised $27.5 million to date, will use the funding to invest further in developing its SaaS solution, which leverages big data analytics to enable IT to uncover hidden operational hazards before problems emerge and identifies radical efficiency improvements in virtualized IT operations management.

The company will also use the funding to expand go-to-market activities and scale the company’s business.

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2014-07-01T17:52:00-06:00