Blue Box Closes $10M Series B Financing

blueboxBlue Box, a Seattle, WA-based provider of on-demand private cloud as a service (PCaaS) solutions, closed a $10m Series B financing.

The round was led by a strategic investor with participation from existing investors Voyager Capital and Founders Collective, as well as the Blue Box executive team.

The company intends to use the funds for continued technical innovation, increasing development of its proprietary management suite, Box Panel, with additional capabilities, growth of the engineering team and continued expansion of its partnership, sales, and marketing programs.

Led by Matthew Schiltz, CEO, and Jesse Proudman, founder and CTO, Blue Box provides Blue Box Cloud, a managed, hosted private cloud on dedicated hardware, powered by OpenStack and available and scalable on demand. According to the company, the solution meets the control, performance, and security needs of customers in a wide range of industries, including healthcare, financial services, digital media, gaming, technology and retail.
Blue Box had previously raised a $4.3m in Series A round in December of 2012 (read here).



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