DotCloud Raises $10M in Series A Funding

DotCloud, a San Francisco, CA-based second-generation application platform that lets developers mix and match pre-configured software, has secured $10m in Series A funding.
Investors include Benchmark Capital and Trinity Ventures.
In conjunction with the funding, Yahoo!’s Jerry Yang, Apple’s Marc Verstaen, Benchmark’s Peter Fenton and Trinity’s Dan Scholnick, will join the company’s Board of Directors.
DotCloud intends to use the  capital to continue to grow and enhance its Platform-as-a-Service (PaaS) technologies that provide flexibility, options and control for developers and IT departments looking to deploy applications written in various languages.
Founded in 2010 by CEO Solomon Hykes and CTO Sebastien Pahl, the company recently raised seed funding from investors including Chris Sacca and Ron Conway.
FinSMEs
23/03/2011

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