Matrix Leads $4M Deal for CloudBees

11/29/10

Matrix Partners, a venture firm with offices in Waltham, MA and Silicon Valley, has led a $4 million Series A financing for CloudBees, a startup developing a cloud-based platform for Java computing and development, the company announced today. Individual investors Marc Fleury and Bob Bickel, both veterans of open-source middleware online community JBoss, also participated in the deal for CloudBees, which emerged from stealth mode in August and will set up its headquarters in Boston. Bickel and Matrix general partner David Skok will join the CloudBees board as a result of the deal, which is the first of a multi-stage investment, according to the announcement.

By posting a comment, you agree to our terms and conditions.