Ravello Systems Raises $26M For Cloud Apps Environment
Palo Alto-based Ravello Systems, which develops its own cloud application environment allowing virtual applications to run across multiple, different cloud providers, has raised $26M in a funding round. The round came from Sequoia Capital, Norwest Venture Partners, and Bessemer Venture Partners. Ravello's infrastructure-as-a-service is targeted at enterprises who want to run their cloud-based applications much as they run their internal, virtual machines. The firm said it supports Amazon AWS, Rackspace, and HP Cloud.
posted on Tuesday, February 5, 2013 (Link to more information)
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