CloudBees, a start-up based in Boston, raised $10.5 million in Series B financing for its Java Platform-as-a-Service (PaaS) technology.
Platform-as-a-Service (PaaS) is the software infrastructure needed to run applications in the cloud; in simplest terms, it is middleware for the cloud.
CloudBees DEV@cloud provides the fully integrated development infrastructure while RUN@cloud provides the ‘application server’ in the cloud. With the CloudBees PaaS, developers have everything they need to quickly and easily develop and deploy applications in the cloud — without having to purchase, configure and maintain hardware and without having to program applications for a specific underlying infrastructure service (IaaS).
The new funding was led by Lightspeed Venture Partners. Matrix Partners also participated in the round, following up its initial lead investment in the company’s $4 million Series A, which also included JBoss alumni Robert Bickel and Marc Fleury.
http://www.cloudbees.com/
