CloudBees Adds $23.5 Million in Financing

Grazed from TalkinCloud.  Author: Dan Kobialka.

CloudBees has secured $23.5 million in a financing round led by Lightspeed Venture Partners. Existing investors Matrix Partners,Verizon Ventures and Blue Cloud Ventures also participated in the financing round.

To date, CloudBees has raised nearly $50 million in total financing; the continuous delivery (CD) platform provider previously added $11.2 million in Series C financing last March...

CloudBees said it plans to use the most recent financing to ensure it can keep up with the rising demand for CD solutions that leverage Jenkins CI, a Java-based, open-source continuous integration (CI) platform. (Software developers can use CD solutions and best practices such as CI to streamline the software delivery process and provide new features to users quickly and efficiently, according to DevOpsGuys.)...

Read more from the source @ http://talkincloud.com/cloud-computing-funding-and-finance/01272015/cloudbees-adds-235-million-financing