CloudSwitch Floating on $7.4M Funding Round
Stealth cloud computing company CloudSwitch has taken in $7.4 million in Series A funding co-led by Atlas Venture and Matrix Partners. The news was first reported by Scott Kirsner on his blog, and confirmed by Atlas partner Axel Bichara.
Little information is available about Waltham, MA-based CloudSwitch, whose placeholder website merely says it is in stealth mode. But Bichara called it “a wildly exciting company” that is generally looking at making cloud computing available to companies that already have their own data centers and presumably want to make them more efficient while holding down costs. “As a trend, cloud computing is really inevitable, because it’s so much cheaper than people basically owning their own hardware,” he says. One of the big questions, he says, is “If you have any kind of existing infrastructure how do you take advantage of cloud computing?” That is the big need CloudSwitch is trying to address.
CloudSwitch was co-founded by CEO Ellen Rubin and John Considine. Rubin was previously VP of marketing for Marlborough, MA-based Netezza, while Bichara calls Considine a technical “superstar” who was formerly at Pirus Networks, which was sold to Sun Microsystems in 2002.