Joyent Completes $85M Funding

Joyent, a San Francisco, CA-based global provider of cloud computing software and services, has completed an $85m funding round.

European group Weather Investment II, advised by Accelero Capital, provided the majority of the round, with participation from Telefónica Digital.

The company intends to use the funding to expand globally. Throughout 2012 Joyent will roll out a collection of high performance public clouds that serve global corporations with computing services on every continent.

Led by founder and CEO David Young, Joyent is a global cloud computing and systems software provider that offers an integrated technology suite designed for enterprises and developers. Clients include LinkedIn, Gilt Groupe and Kabam, among the others.

The company’s existing investors include El Dorado Ventures, Epic Ventures, Greycroft Partners, Intel Capital, and Liberty Global.



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