Nimbula, Cloud OS Provider, Lands $15M Venture Financing
Second round financing brings funding total to more than $20 million.
Nimbula Inc., a Menlo Park, CA-based cloud operating system provider founded by former Amazon executives Chris Pinkham and Willem van Biljon, both of whom were part of the EC2 public cloud service development team, said it has landed $15 million in second round venture capital funding.
Accel Partners and Sequoia Capital led the funding. Accel's Ping Li will join Nimbula's board of directors. Pinkham is Nimbula's chief executive and Biljon its vice president of products.
The company launched in 2009 with $5.75 million in Series A funding from Sequoia and VMware Inc.
Nimbula said it will use the funding to drive market adoption of its Director product offering for the management of on-premise and off-premise infrastructure and to further its investments in hybrid cloud computing technologies.
The Director product currently is in beta testing with six large, international customers in the financial services, health care and technology industries. The product is slated to launch sometime this fall, officials said. Read more...
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