USA –
NORTH BETHESDA, CA, CloudBolt Software announced $35M in series B funding, consisting of both equity and venture debt.
CloudBolt Software, a enterprise leader in cloud management and integration solutions, announced $35M in series B funding, consisting of both equity and venture debt. The equity was led by Insight Partners, a global venture capital and private equity firm. The venture debt was issued by Hercules Capital.
CloudBolt Software, based in Rockville, MD and Portland, OR, is the leading self-service hybrid cloud platform. CloudBolt's hybrid cloud platform enables enterprise IT departments to build, deploy and manage private and public clouds quickly and efficiently. The user-friendly portal hides the complexities of hybrid cloud, giving end users the ability to manage and provision resources on demand, while administrators set provisioning conditions for governance. With CloudBolt, IT leverages its investment and controls costs while increasing flexibility and agility.
