Codenvy Lands $9M For Cloud Software Development

San Francisco-based Codenvy, which develops a cloud-based service to help users code, build, and test their cloud applications, said Tuesday that it has raised $9M in a venture capital funding. The funding was led by Toba Capital and also included Auriga Partners and angels. The firm says it now has 40 employees, and 50,000 registered developers. Codenvy provides a cloud-based, integrated development environment (IDE) used by developers to create their own, cloud applications. More information »