Welcome!

DevOps Journal Authors: Lori MacVittie, Carmen Gonzalez, Sandi Mappic, Ivan Antsipau, JP Morgenthal

News Feed Item

Electric Cloud Completes Over-Subscribed $12 Million Round of Funding

Electric Cloud's focus and success helping Internet-based and enterprise software organizations adopt and scale Continuous Delivery leads current investors to increase support for fast-growing company

SUNNYVALE, Calif., April 22, 2014 /PRNewswire/ -- Electric Cloud (www.electric-cloud.com), the leader for Continuous Delivery products, services and expertise, today announced an additional $4 million tranche of funding from its current group of investors, including Siemens' Venture Capital, US Venture Partners, Mayfield Fund, RRE Ventures and Rembrandt Venture Partners. The additional funding reflects Electric Cloud's continued growth and market leadership in Continuous Delivery – a design practice used in software development to automate and accelerate the process of software delivery. The funding comes on the heels of an initial $8 million round in September 2013, bringing the total Series E round size to an over-subscribed $12 million.

"Continuous Delivery is critical for software organizations that want to accelerate the delivery of quality code as a means of better serving customers and gaining a competitive advantage," said Douglas Schrier, General Partner, Rembrandt Venture Partners. "The investment upside for us in Electric Cloud is significant, as the company has industry-leading technology, a growing roster of global Internet and enterprise customers and a seasoned management team ready to lead the Continuous Delivery market today and for years to come."

The company's focus and success is demonstrated by strong growth and record bookings, closing 2013 with outstanding momentum, a host of new customers in the energy, gaming, big data and space exploration industries, including Shell Oil, Epic Games, Splunk and SpaceX, a growing global staff of more than 120 employees, and continued recognition by industry influencers, like Gartner as a leader in one of the hottest market segments in software development. Electric Cloud's family of complementary products enables organizations to deliver better software faster, a mandate for a growing number of business, education and government institutions.

"As Agile and DevOps initiatives extend deeper within Internet-based and enterprise software organizations, the demand for Continuous Delivery automation continues to drive growth for our company," said Steve Brodie, CEO for Electric Cloud. "Closing our over-subscribed Series E funding round will accelerate not only company growth but also new levels of innovation that will help customers deliver better software more efficiently than ever before."

Share this: .@electriccloud closes oversubscribed Series E round of $12 M to lead #ContinuousDelivery market (www.electric-cloud.com)

About Electric Cloud
Electric Cloud delivers solutions that automate and accelerate the software delivery process. The company's award-winning products help development organizations speed time-to-market, boost developer productivity, and improve software quality while leveraging the operational efficiencies provided by virtual cloud infrastructures. Leading companies across a variety of industries, including financial services, ISVs, mobile devices, semiconductors and transactional websites, rely on Electric Cloud's software delivery solutions. For more information, visit www.electric-cloud.com.

Media Contact:
Jeremy Douglas
Catapult PR
(303) 581-7760, ext. 16
[email protected]

SOURCE Electric Cloud

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@DevOpsSummit Stories
When you set off to build an app that will change the world, designing your system architecture to be reliable and scalable is important but the stark reality is that, for your MVP, you probably had a “need for speed” (of development). You didn’t know what all the axes were to scale your application, where your stress points would be, and what weird and wonderful ways your customers would use it down the road. In a world of zero-downtime services, landing the plane to figure it out is not an option. In his session at DevOps Summit, Andrew Miklas, CTO of PagerDuty, will share lessons learned ...
Founded in 1997, ActiveState is a global leader providing software application development and management solutions. The Company's products include: Stackato, a commercially supported Platform-as-a-Service (PaaS) that harnesses open source technologies such as Cloud Foundry and Docker; dynamic language distributions ActivePerl, ActivePython and ActiveTcl; and developer tools such as the popular Komodo Edit and Komodo IDE. Headquartered in Vancouver, Canada, ActiveState is trusted by customers and partners worldwide, across many industries including telecommunications, aerospace, software, fina...
SYS-CON Events announced today that ElasticBox is holding a Hackathon at DevOps Summit, November 6 from 12 pm -4 pm at the Santa Clara Convention Center in Santa Clara, CA. You can enter as an individual or team of up to 10 developers. A New Star Is Born Every Month! All completed ElasticBoxes will then be sent to a judging panel - 12 winners will be featured on the ElasticBox website in 2015. All entrants will receive five full enterprise licenses for one year + ElasticBox headphones + ElasticBox T-shirt. Winners can also choose to interview with ElasticBox to join one of the fastest growi...
SYS-CON Events announced today that Calm.io has been named “Bronze Sponsor” of DevOps Summit Silicon Valley, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Calm.io is a cloud orchestration platform for AWS, vCenter, OpenStack, or bare metal, that runs your CL tools puppet, Chef, shell, git, Jenkins, nagios, and will soon support New Relic and Docker. It can run hosted, or on premise and provides VM automation / expiry, self-service portals, audit, approvals, and budgeting.
Blue Box has closed a $10 million Series B financing. The round was led by a strategic investor and included participation from prior investors including Voyager Capital and Founders Collective, as well as the Blue Box executive team. This round follows a $4.3 million Series A closed in December of 2012 and led by Voyager Capital. In May of this year, the company announced general availability of its private cloud as a service offering, Blue Box Cloud. Since that release, the company has demonstrated market validation through customer adoption, positive reviews from industry analysts and k...
The speed of product development has increased massively in the past 10 years. At the same time our formal secure development and SDL methodologies have fallen behind. This forces product developers to choose between rapid release times and security. In his session at DevOps Summit, Michael Murray, Director of Cyber Security Consulting and Assessment at GE Healthcare, will examine the problems and present some solutions for moving security in to the DevOps lifecycle to ensure that we get fast AND secure.
SYS-CON Events announced today that Zentera Systems, an industry visionary delivering hybrid-cloud management solutions, will exhibit at DevOps Summit Silicon Valley, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Zentera Systems, Inc.™ is a Silicon Valley based private company, providing a Cloud Federation Platform (CFP) built on a virtualization architecture with patent-pending technology to address virtual network, cloud firewall, data protection and transport automation within and across cloud domains. Zentera is solving the security ...
Software development, like manufacturing, is a craft that requires the application of creative approaches to solve problems given a wide range of constraints. However, while engineering design may be craftwork, the production of most designed objects relies on a standardized and automated manufacturing process. By contrast, much of moving an application from prototype to production and, indeed, maintaining the application through its lifecycle has often remained craftwork. In his session at DevOps Summit, Gordon Haff, senior cloud strategy marketing and evangelism manager at Red Hat, will di...
High performing enterprise Software Quality Assurance (SQA) teams validate systems are ready for use – getting most actively involved as components integrate and form complete systems. These teams catch and report on defects, making sure the customer gets the best software possible. SQA teams have leveraged automation and virtualization to execute more thorough testing in less time – bringing Dev and Ops together, ensuring production readiness. Does the emergence of DevOps mean the end of Enterprise SQA? Does the SQA function become redundant?
In his keynote at DevOps Summit, David Tesar, Microsoft Technical Evangelist on Microsoft Azure and DevOps, will discuss how Microsoft teams who have made huge progress with a DevOps transformation effectively utilize operations staff and how challenges were overcome. Regardless of whether you are a startup or a mature enterprise, whether you are using PaaS, Micro Services, or Containerization, walk away with some practical tips where Ops can make a significant impact working with the development teams. Operational teams and functions are increasingly more important as the industry delivers so...
Cloudwick, the leading big data DevOps service and solution provider to the Fortune 1000, announced Big Loop, its multi-vendor operations platform. Cloudwick Big Loop creates greater collaboration between Fortune 1000 IT staff, developers and their database management systems as well as big data vendors. This allows customers to comprehensively manage and oversee their entire infrastructure, which leads to more successful production cluster operations, and scale-out. Cloudwick Big Loop supports DataStax, the leading distributed database technology company, and big data vendors -- Cloudera, Hor...

POMPTON LAKES, N.J., Oct. 17, 2014 /PRNewswire/ -- Kubisys announced today its namesake CID Platform, which automatically captures production environments and orchestrates the provisioning and deployment of replicas for development, testing and QA. The Kubisys CID Platform makes it easy for developers of mission critical multi-tier applications, such as Microsoft Dynamics AX, to follow DevOps practices for continuous delivery. The Kubisys platform delivers greater accuracy and agility than existing processes that rely on v...

The recent trends like cloud computing, social, mobile and Internet of Things are forcing enterprises to modernize in order to compete in the competitive globalized markets. However, enterprises are approaching newer technologies with a more silo-ed way, gaining only sub optimal benefits. The Modern Enterprise model is presented as a newer way to think of enterprise IT, which takes a more holistic approach to embracing modern technologies. This model makes use of Composable Enterprise framework put forward by Jonathan Murray of WMG.
This is part of the ever-expanding "Microservices and PaaS" blog series covering the rapidly evolving use of microservices in modern cloud software projects. Parts I and II introduced microservices concepts and discussed patterns and practices being spearheaded by microservices pioneers, notably Netflix, who were represented at a recent microservices meetup that was the genesis of this series. Part III presented a list of challenges and pitfalls that adopters of microservices face. This list is formidable and somewhat daunting; pointing out the significant changes in mindset, organizational s...
In their session at DevOps Summit, Stan Klimoff, CTO of Qubell, and Mike Becker, Senior Data Engineer for RingCentral, will share the lessons learned from implementing CI/CD pipeline on AWS for a customer analytics project powered by Cloudera Hadoop, HP Vertica and Tableau. Stan Klimoff is CTO of Qubell, the enterprise DevOps platform. Stan has more than a decade of experience building distributed systems for companies such as eBay, Cisco and Seagate. Qubell is helping enterprises to become more agile by providing a policy-driven platform for DevOps automation that provides self-service for d...
The impact of DevOps in the cloud era is potentially profound. DevOps helps businesses deliver new features continuously, reduce cycle time and achieve sustained innovation by applying agile and lean principles to assist all stakeholders in an organization that develop, operate, or benefit from the business’ lifecycle. In his session at DevOps Summit, Prashanth Chandrasekar, General Manager at Rackspace, will exam whether / how companies can work with external DevOps specialists to achieve "DevOps elasticity" and DevOps expertise at scale while internally focusing on writing code / developme...
I just recently wrote a blog about BOTs causing unwanted traffic on our servers. Right after I wrote this blog I was notified about yet another “interesting” and unusual load behavior on our download page which is used by customers to download latest product versions and updates. If you see such a load behavior you typically assume that you just released a new product version or maybe an update to our agents and many people are downloading it like crazy. Unfortunately that was not the case. The spike in traffic was caused by an implementation issue between our authentication service and our d...
SYS-CON Events announced today that O'Reilly Media has been named “Media Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly Media has been a chronicler and catalyst of cutting-edge development, homing in on the technology trends that really matter and spurring their adoption by amplifying "faint signals" from the alpha geeks who are creating the future. An...
SYS-CON Events announced today that Gigaom Research has been named "Media Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Ashar Baig, Research Director, Cloud, at Gigaom Research, will also lead a Power Panel on the topic "Choosing the Right Cloud Option." Gigaom Research provides timely, in-depth analysis of emerging technologies for individual and corporate subscribers. Gigaom Research's network of 200+ independent analysts provides new content daily that bridges the gap between break...
Today, almost every company has a directory that needs to be managed. Spending valuable company time monitoring servers, provisioning and deprovisioning users, auditing, and assessing security concerns takes away from the core competency of the team – building product and delivering to customers quickly. DaaS takes on the burden of those tasks, and allows the team to focus on what they do best. In his session at DevOps Summit, Rajat Bahargava, Co-Founder, Chairman, and President & CEO of JumpCloud, will talk about what DaaS is, how it eases the pain caused by AD and LDAP, and why cloud-based d...