Eucalyptus Systems, Inc., a Goleta, CA-based developer of open source private cloud software, completed a $20m second round of funding.
The investment was led by new investor New Enterprise Associates (NEA), with participation from existing investors Benchmark Capital and BV Capital.
This latest round brings the total amount the company has raised to date to $25.5m.
In conjunction with the funding, Peter Sonsini, partner at NEA, has joined Eucalyptus’board of directors.
The company is using the new capital to expand development, marketing and sales efforts for its software, which enables organizations to deploy massively scalable private and hybrid cloud computing environments within a secure IT infrastructure.
The company recently announced Eucalyptus Enterprise Edition (EE) version 2.0, a major upgrade to the fully-supported commercial version of the Eucalyptus software, as well as a new partner program.
Consequently, Eucalyptus is currently available in two editions:
– the open source Eucalyptus Community Edition;
– the Eucalyptus Enterprise Edition (EE), commercial, enterprise-grade infrastructure software designed for large scale-deployments.
FinSMEs
01/07/2010