Blue Box, a Seattle, WA-based provider of on-demand private cloud as a service (PCaaS) solutions, raised an additional $4m and completed a $14m Series B financing.
The first tranche was announced in October 2014 (read here). Additional investors included Voyager Capital and Founders Collective and the Blue Box executive team. The round was completed with the addition of one of the nation’s premier integrated telecommunications providers who entered the round as the company’s second strategic investor. In addition to the strategic investment, the companies plan to enter into a partnership to deliver Blue Box Cloud, and other cloud services powered by Blue Box technology, to the telco’s customers.
With this financing, Blue Box will continue product innovation adding additional engineering, sales and marketing, and business development people to its teams, scaling its sales and marketing programs, and expanding its channel program.
Led by Matthew Schiltz, CEO, Blue Box delivers Private Cloud as a Service (PCaaS) to customers worldwide in a wide range of industries, including healthcare, financial services, digital media, gaming, technology and retail. Its Blue Box Cloud is a managed, hosted private cloud on dedicated hardware, powered by OpenStack and available and scalable on demand.
FinSMEs
06/01/2015