Sunday, December 7, 2008

RightScale Raises $13 Million for Cloud Computing Management

RightScale, a start-up based in Santa Barbara, California., raised $13 million in its second round of venture capital funding for its cloud computing management.


RightScale enables companies to create Web solutions running on cloud computing providers such as Amazon EC2 that are scalable, reliable, easy to manage, and affordable. RightScale said it can help organizations to deploy mission critical applications in a matter of hours using "cloud-aware" server templates. The automated RightScale platform requires little knowledge of cloud architecture to deploy, manage and dynamically scale even complex, multi-cloud applications.


RightScale will use the proceeds to accelerate product and market development of its cloud computing management platform to meet growing demand, including support for new clouds and expansion into additional geographic markets.


The new funding was led by Index Ventures. Current investor Benchmark Capital, which led RightScale's first round of venture financing, also participated in this round. In addition, RightScale announced that Index Ventures partner Danny Rimer has joined the company's board of directors.http://www.RightScale.comRightScale is headed by Michael Crandell (CEO and founder), who has worked as CEO or EVP for 10 years in Internet-based, software-as-a-service companies, including eFax (Internet fax) and Celebros (e-commerce search). Its technical team included Thorsten von Eicken (CTO and founder), who previously was Chief Architect at Expertcity.com and Citrix Online, makers of GoToMyPC, GoToMeeting, GoToWebinar, and GoToAssist; and Rafael H. Saavedra (VP of Engineering and founder), who previously was Director of Software Development at Expertcity/Citrix Online where he was in charge of the Applications group.

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