Abiquo Snags $10M

Redwood City-based Abiquo, a provider of cloud management software, said Tuesday that it has raised $10M in a Series B funding. The round was led by Balderton Capital, and also included Nauta Capital and Eurecan. Abiquo said the funding will go towards global sales and marketing, customer support, and expanding its senior team. As part of the funding, Balderton's Bernard Liautaud joins the firm's board. Abiquo's software is used to manage both private, public, and hybrid cloud deployment. More information »