Tech Company Financing Transactions
Standing Cloud Funding Round
Standing Cloud secured a $3 million funding round on 11/10/2011. Investors included Avalon Ventures and Foundry Group.
Transaction Overview
Company Name
Announced On
11/10/2011
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Avalon Ventures (Richard Levandov)
Foundry Group (Brad Feld)
Proceeds Purpose
Standing Cloud will use the funds from the round for the continued development and deployment of its cloud application management service for cloud service providers, including the expansion of automated application management and managed cloud capabilities, and the growth of its Application Storefront offering.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
1433 Pearl Street 100
Boulder, CO 80302
USA
Boulder, CO 80302
USA
Phone
Website
Email Address
Overview
Standing Cloud provides simple, yet powerful, services that make it fast and easy for you to run open source applications in the cloud. We allow you to focus on putting cloud applications to work for you, instead of worrying about the servers that run them.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Jilk
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Our team works diligently to document all VC transactions involving tech companies. VC transactions reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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