CloudPhysics, a Mountain View, California-based provider of intelligent operations management for virtualized workloads, closed $10m in Series B funding.
The round was led by Kleiner Perkins Caufield & Byers, with participation from existing investors Mayfield Fund, Mark Leslie, Peter Wagner, Carl Waldspurger, Nigel Stokes, Matt Ocko and VMware co-founders Mendel Rosenblum and Diane Greene. In conjunction with the funding, Mike Abbott, general partner at Kleiner Perkins Caufield & Byers, joined CloudPhysics co-founders John Blumenthal, CEO, and Irfan Ahmad, CTO, and Robin Vasan, Managing Director at Mayfield Fund, on the board.
The company plans to use the funding to continue to grow by hiring engineers and expanding its global IT operational data service.
Founded in 2011 CloudPhysics provides combines intelligence drawn from its global IT operations dataset with patent-pending data center simulation and resource management techniques to provide IT teams with a management platform for virtualized IT operations. In addition to the funding, the company has released its SaaS offering, which automatically uncovers hidden operational hazards before problems emerge as well as identifies radical efficiency improvements in storage, compute and networking with VMware workloads; and Card Store, an IT operations app store.
27/08/2012: CloudPhysics Raises $2.5M in Series A Funding