DynamicOps Raises $5M from Intel Capital
The investment adds to the company’s previously announced $11m Series B round (read here).
DynamicOps intends to use this capital to fund global sales, marketing and development of its enterprise cloud solutions.
Led by CEO Rich Krueger, the company provides a platform that enables enterprise IT to evolve existing infrastructure into on-demand private and public cloud services in days. DynamicOps Cloud Automation Center unifies the management ecosystem providing end-to-end governance, self-service capabilities and an orderly extension to the public cloud. DynamicOps Cloud Development Kit™ is designed to allow enterprise IT to create next-generation cloud services.
The company’s solutions are used across general business, healthcare, government and educational verticals, New customers include IRS, Northeastern University, Turner Broadcasting, Telereal, NYU Medical, and others.