The Schwartz Cloud Report

Blog archive

CloudShare Gains $10 Million in Funding

CloudShare this week said it has bagged $10 million in new funding led by Globespan Capital Partners, joined by existing backers Sequoia Capital, Charles River Ventures and Gemini Israel Funds.

The company has raised a total of $26 million in three rounds since its founding in 2005. CloudShare said it will use the funding to expand its sales and market presence.

CloudShare lets developers and IT admins build, share, test, demo and train on business applications on its cloud-based infrastructure using a browser. Among its customers are Cisco, SAP, Hewlett-Packard, Dell, McAfee and Adobe. Overall, CloudShare says it has 50,000 customers.

Posted by Jeffrey Schwartz on 07/07/2011 at 1:14 PM


Featured

  • Microsoft Previews Windows Autopilot for HoloLens 2

    Microsoft on Friday announced a public preview of Windows Autopilot for HoloLens 2, its mixed-reality headset.

  • Microsoft Flirts with Charging for API Software Connections

    Microsoft may have started something new by attempting to charge its customers for software that uses its application programming interfaces (APIs).

  • Overcoming Spacesuit Anxiety During Astronaut Training

    Spacesuits are heavy, claustrophobic and hot -- an uncomfortable combination for many would-be astronauts. Here's how Brien came around to the idea of wearing one.

  • Microsoft Announces Azure Kubernetes Service Enhancements

    Microsoft this week announced a few Azure Kubernetes Service (AKS) product milestones as part of the KubeCon event.

comments powered by Disqus