Tech Company Financing Transactions

Eucalyptus Systems Funding Round

Eucalyptus Systems secured a $20 million funding round on 7/1/2010. Investors included New Enterprise Associates, Benchmark Capital and e.ventures.

Transaction Overview

Company Name
Announced On
7/1/2010
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors

New Enterprise Associates (Lead Investor) (Peter Sonsini)

Benchmark Capital (Kevin Harvey)

e.ventures (Andreas von Blottnitz)

Proceeds Purpose
The company is using the funding to scale development, marketing and sales of its commercial open source private cloud software to meet increasing demand for more scalable, agile and cost-efficient information technology (IT) systems.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
6755 Hollister Ave. 200
Goleta, CA 93117
USA
Email Address
Overview
We started Eucalyptus as a research project in the Computer Science Department at the University of California, Santa Barbara. The purpose of VGrADS was to investigate novel programming language and runtime system techniques for large-scale computational grid applications.
Profile
Eucalyptus Systems LinkedIn Company Profile
Social Media
Eucalyptus Systems Company Twitter Account
Company News
Eucalyptus Systems News
Facebook
Eucalyptus Systems on Facebook
YouTube
Eucalyptus Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Marten Mickos
  Marten Mickos LinkedIn Profile  Marten Mickos Twitter Account  Marten Mickos News  Marten Mickos on Facebook
Chief Financial Officer
Ning Wang
  Ning Wang LinkedIn Profile  Ning Wang Twitter Account  Ning Wang News  Ning Wang on Facebook
VP - Engineering
Tim Cramer
  Tim Cramer LinkedIn Profile  Tim Cramer Twitter Account  Tim Cramer News  Tim Cramer on Facebook


 

 

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Prev: 7/1/2010: ApaceWave venture capital transaction
Next: 7/1/2010: Medify venture capital transaction

 

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