DynamicOps Raises $5M from Intel Capital

DynamicOps, a Burlington, MA-based provider of the Operations Virtualization™ platform that enables unified cloud automation and management, has secured $5m in funding from Intel Capital.

The investment adds to the company’s previously announced $11m Series B round (read here).

DynamicOps intends to use this capital to fund global sales, marketing and development of its enterprise cloud solutions.

Led by CEO Rich Krueger, the company provides a platform that enables enterprise IT to evolve existing infrastructure into on-demand private and public cloud services in days. DynamicOps Cloud Automation Center unifies the management ecosystem providing end-to-end governance, self-service capabilities and an orderly extension to the public cloud. DynamicOps Cloud Development Kit™ is designed to allow enterprise IT to create next-generation cloud services.

The company’s solutions are used across general business, healthcare, government and educational verticals, New customers include IRS, Northeastern University, Turner Broadcasting, Telereal, NYU Medical, and others.

FinSMEs

09/09/2011