July 1, 2010

Eucalyptus Systems Raises $20 Million For Open-Source Private Cloud Software

Eucalyptus Systems, creator of an open source private cloud software, has raised $20 million in funding led by New Enterprise Associates, with participation from current investors Benchmark Capital and BV Capital. This brings total capital raised to date to $25.5 million.

Eucalyptus’s infrastructure software allows enterprises to deploy scalable private and hybrid cloud computing environments. The software itself also connects to the public cloud, including Amazon Web Services. The company is using the funding to scale development, marketing and sales its software.

MySQL’s CEO M√•rten Gustaf Mickos joined Eucalytpus in March shortly after joining Benchmark Capital as an Entrepreneur in Residence last fall.

Crunch Network: TechCrunchobsessively profiling and reviewing new Internet products and companies

 

Read more at TechCrunch