Virtustream, Inc., a Bethesda, MD-based enterprise cloud solution provider, has raised an additional $15m in funding.
Backers include existing investors Intel Capital, Columbia Capital, Noro-Moseley Partners and TDF and new investor QuestMark Capital. This brings the total amount raised to date to $75m.
The company intends to use the funding to further accelerate client growth, mainly in the enterprise, service provider and government market sectors, continue the development of the xStream cloud solution and expand geographically with strategic partnerships in China and Southeast Asia, including Malaysia, Indonesia and Thailand.
Led by CEO Rodney J. Rogers, Virtustream offers xStream, an enterprise-class cloud solution to manage private, virtual private, public and hybrid clouds. It is available both “as-a-service” and as a software solution for customers’ clouds.
The company has offices in New York, Washington D.C., Atlanta, London, and San Francisco and operates four data centers worldwide.