OnApp Raises $20M in Funding

OnApp, a London, UK-based provider of a cloud management platform, raised more than $20m in funding.

The round was led by private equity firm LDC.

The company intends to use the capital to roll out a new line of products and services in 2013, as well as expand into new global markets.

Launched in July 2010 and led by CEO Ditlev Bredahl, OnApp currently powers public cloud services for more than 500 service providers across 39 countries, platform globally.
The company offers OnApp Cloud, a cloud management platform for service providers and enterprises, OnApp CDN, a content delivery network designed to optimize website performance, and OnApp Storage, a low-cost, high performance distributed SAN for cloud environments.
OnApp has more than 115 staff across the EU, US and Asia-Pacific.
Customers include international hosting brands such as PEER1, GMO and UK2, as well as Cloud Service Providers such as Dediserve and eApps.

FinSMEs

16/01/2013

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