Friday, June 28, 2013

Metacloud Raises $10 Million for OpenStack-based Private Clouds

Metacloud, a start-up based in Pasadena, California, raised $10 million in a Series A funding for its on-premise, private cloud-as-a-service.

Metacloud said its Carbon|OS combines the simplicity of the public cloud with the performance, security and cost advantages of the private cloud, enabling businesses to scale dynamic OpenStack applications quickly.

The funding was led by Canaan Partners and included existing investors Storm Ventures and AME Cloud Ventures.

“In addition to a transformative delivery model, Metacloud defines the gold standard of what we look for in a founding team,” said General Partner Maha Ibrahim, Canaan Partners. “With large scale infrastructure engineering experience gained during their years at Ticketmaster and Yahoo!, Sean Lynch and Steve Curry have the pedigree to deliver on Metacloud’s promise of bringing the ease of the public cloud to the private cloud environment.”

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