3Crowd Technologies, a San Mateo, CA-based provider of management tools for cloud-based services, has secured $6.62m in Series A financing from Canaan Partners and Storm Ventures.
The company has developed a series of management tools that give enterprises greater controls over content delivery and other cloud services, enabling them to use multiple services at once and thereby command new pricing and performance dynamics.
3Crowd’s flagship product, CrowdDirector, effectively unifies any services that are based on web protocols, so they can be monitored, managed and deployed as a single service.
Commenting on the funding, Barrett Lyon, CEO of 3Crowd, was quoted as saying: “We have launched a product targeted at cloud resource management and are now, with this funding, embarking a journey which will disrupt and define a new era of Internet data delivery”.
In conjunction with the round, Maha Ibrahim, general partner at Canaan, will join Mr. Lyon, his co-founder Chris Wallace, and Ryan Floyd of Storm Ventures on the company’s board of directors.
3Crowd received initial financing from Storm Ventures, Revision3 co-founders, Kevin Rose and Jay Adelson, and Greenwich Technology Associates.
FinSMEs
13/04/2010