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CloudBees Closes Series A Financing Led by Matrix Partners
Startup and Investment Reunites the JBoss Team to Create the First Cloud-Agnostic Java Platform as a Service (PaaS) Covering Development to Production Runtime
BOSTON -- November 15, 2010 -- CloudBees, the innovation leader for Java cloud computing, today announced $4 million in Series A financing led by Matrix Partners with participation from individual investors, including JBoss founder Marc Fleury and JBoss/HP/Bluestone veteran Bob Bickel. This is the first in a multi-stage investment to provide CloudBees with the resources to build out a cloud-agnostic, cloud native Java Platform as a Service (PaaS) that covers both development services and a production runtime for Java.
The company recently began executing on this roadmap with the acquisition of InfraDNA and the addition of its founder Kohsuke Kawaguchi, creator of the Hudson continuous integration server, to the team. Establishing itself as the de facto source for Hudson-based solutions was a critical step for CloudBees, as continuous integration is increasingly essential to today's application development lifecycle.
CloudBees, founded by former JBoss CTO Sacha Labourey, emerged from stealth in August 2010 with DEV@cloud, a fully integrated development infrastructure featuring a Hudson-based continuous integration offering delivered as a service. Through the acquisition of InfraDNA, CloudBees has augmented its Hudson offerings with an on-premise solution, Nectar .
The funding will enable CloudBees to accelerate development and delivery of RUN@cloud, a production runtime designed to complement DEV@cloud, currently in beta, to create the most comprehensive Java PaaS covering the entire application management lifecycle, from development, through continuous integration and staging, to production and maintenance.
Matrix General Partner David Skok and Bickel will join the CloudBees Board of Directors. Skok was the original lead investor in JBoss, which was acquired by Red Hat in 2006 for $350 million. Bickel served as JBoss' Vice President of Strategy, playing a critical role in forming the company's business model and strategic partnerships, as well as securing early key executive hires.
David Skok, General Partners at Matrix Partners: "Sacha possesses the rare combination of entrepreneurial ambition, leadership skills, a strong technical background and the strategic thinking to lead CloudBees to establish a foothold in the cloud for driving Java innovation. PaaS is the next logical evolution of cloud computing, and the PaaS layer that CloudBees is building the future of how applications will be built and run. We believe this represents an enormous market, and this team well positioned to execute on it."
Marc Fleury, Founder of JBoss: "The cloud represents a new opportunity for disruption, similar to what I saw with Enterprise Java 10 years ago. Just as JBoss provided a streamlined and useable alternative to BEA and IBM, CloudBees will be providing innovation and ease of use compared to VMware's bloated cloud stacks."
Sacha Labourey, founder and CEO of CloudBees: "With Amazon and others having paved the way for cloud computing with affordable infrastructure resources, we see PaaS as the next cloud turf up for grabs. While we've already begun executing aggressively, this financing will help us further fuel delivery and adoption of our PaaS. I am pleased that Matrix, Marc, Bob and others have the confidence in our technology, strategy and first-rate technical team to provide us with capital to grow."
Additional Online Resources
CloudBees vision for agnostic PaaS
Overview of the CloudBees Platform, including DEV@cloud and RUN@cloud
Try RUN@cloud and DEV@cloud for free
Read the CloudBees blog
About CloudBees, Inc.
CloudBees (http://cloudbees.com ) is the only cloud company focused on servicing the complete lifecycle of cloud application development and deployment - without any servers, any virtual machines or any IT staff. The company was founded in 2010 by former JBoss CTO Sacha Labourey and an elite technology team. CloudBees is backed by Matrix Partners.
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