July 25, 2011, 4:08 PM — CloudBees, a start-up that provides a cloud-based platform for managing Java application development and deployment, on Monday announced it has received $10.5 million in venture capital.
The investment was led by Lightspeed Venture Partners and also included Matrix Partners, an initial investor in the company. CloudBees launched in April 2010 and received $4 million from Matrix and other investors last November.
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The CloudBees platform includes two services -- DEV@cloud, which enables developers to build and test environments in the cloud, and RUN@cloud, which allows the deployment of Java apps to the cloud. In essence, the company says, it provides a Platform-as-a-Service (PaaS), or middleware for the cloud.
Based in Waltham, Mass., CloudBees also offers support and training for Jenkins, a popular continuous integration server. (Jenkins formerly was known as Hudson, but the project was renamed after a trademark dispute with Oracle.)
CloudBees was founded by chief executive Sacha Labourey, a native of Switzerland who previously was CTO of JBoss, Inc. After JBoss was purchased by Red Hat in 2006, Labourey was co-general manager of Red Hat's middleware division.
Among the start-up's customers are Cisco Systems, Digg and Sandia National Laboratories.
CloudBees intends to use the new funding to further develop its platform and ramp up sales and marketing.
As part of the investment, Lightspeed managing director John Vrionis will join CloudBees' board of directors.
In a statement announcing the venture funding, Vrionis said, "Lightspeed is developing a rich cloud computing portfolio, and we recognize that CloudBees is in a unique position to transform the Java application world with the rapid and widespread adoption of its platform."