CloudBees Raises $10.5M in Series B Funding

CloudBees, a Boston, MA-based provider of a platform designed to allow developers to manage the entire Java application lifecycle in the cloud, has raised $10.5m in Series B funding.

The round was led by Lightspeed Venture Partners, with participation from Matrix Partners, which previously invested $4m in the company’s Series A funding (read here).

The company intends to use the new funds to accelerate the rollout of additional product capabilities and expand marketing and sales for its platform.

Founded in 2010 by CEO Sacha Labourey and an elite technology team, CloudBees focuses on servicing the complete Java application lifecycle for cloud development and deployment – without servers, virtual machines or IT staff.

The company’s platform includes:
– DEV@cloud, a service that lets developers take their build and test environments to the cloud, and
– RUN@cloud, which lets teams seamlessly deploy these applications to production on the cloud. CloudBees also.

It also offers a Jenkins (a widely used continuous integration server and previously knows as Hudson) service as part of DEV@cloud, as well as an on-premise enterprise solution, Nectar, which is available as a subscription.

In conjunction with the funding, John Vrionis, Managing Director at Lightspeed, will join the board that also includes David Skok from Matrix Partners, and Robert Bickel and Sacha Labourey from CloudBees.



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