CloudOne, an Indianapolis, IN-based provider of a platform to bring enterprise applications to the cloud, secured $4.5m in Series D funding.
The round was led by Plymouth Ventures with participation from existing investors HKS Capital Advisors and Elevate Ventures through the Indiana 21st Century Research & Technology Fund. In conjunction with the funding, Jeff Barry, partner at Plymouth Ventures, will join CloudOne’s board of directors.
The company intends to use the funds to accelerate growth of its hybrid cloud platform.
Founded in 2010 and led by John McDonald, chief executive officer, CloudOne provides a hybrid cloud platform that enables global collaborative development, production and analysis of software and products in real time on private hybrid cloud environments. Customers include companies such as Cummins, Panasonic and McDonald’s. The company recently acquired North American sales and marketing operations of Sodius Corporation, a provider of interoperability solutions for systems development, and signed a global purchasing agreement with Capgemini, a provider of consulting, technology, outsourcing services and local professional services.