CloudOne Obtains $1,700,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1153bad5-ee4f-449d-847c-e0c4f82eba74&Preview=1 -
Date
6/26/2012 -
Company Name
CloudOne -
Mailing Address
Undisclosed Chicago, IL 60601 -
Company Description
CloudOne delivers all the benefits of the Rational software development tools you already rely on, with the added value of an elastic, on-demand model. You gain a global collaboration platform to support distributed development for every phase of the application development lifecycle, with an economical pay-as-you-go model. -
Website
http://www.oncloudone.net -
Transaction Type
Venture Equity -
Transaction Amount
$1,700,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The investment allows CloudOne to add engineers and sales representatives to the team, so that the company can help more customers collaborate globally using their cloud-based software development environment. -
M&A Terms
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Venture Investor
Elevate Ventures -
Venture Investor
Individual Investor
