CloudBees Secures $10.5 Million in Series B Venture Funding

"Lightspeed is developing a rich cloud computing portfolio, and we recognize that CloudBees is in a in a class by itself position to transform the Java application world with the rapid and widespread adoption of its platform," said Lightspeed's Vrionis. "They have built the first end-to-end production-ready Java platform for the cloud, and they are already demonstrating that their research has a positive impact on the way that businesses build and deploy Java applications."

About CloudBees, Inc.CloudBees is the only cloud company focused on servicing the complete Java application lifecycle for cloud development and deployment -- without any servers, any virtual machines or any IT staff. The CloudBees platform today includes DEV@cloud, a service that lets developers take their build and test environments to the cloud, and RUN@cloud, which lets teams seamlessly deploy these applications to production on the cloud. CloudBees is as well the world's premier expert on Jenkins, the most widely used continuous integration server. The company offers a Jenkins service as part of DEV@cloud, as so then as an on-premise enterprise solution, Nectar, which is available as a subscription. Backed by Matrix Partners and Lightspeed Venture Partners, CloudBees was founded in 2010 by former JBoss CTO Sacha Labourey and an elite innovation team.

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