DotCloud said Tuesday it secured $10 million in Series A funding from Benchmark Capital and Trinity Ventures. The San Francisco company also said Yahoo co-founder Jerry Yang, Apple manager Marc Verstaen, Benchmark’s Peter Fenton and Trinity’s Dan Scholnick joined its board. DotCloud also said it received seed funding last month from investors including Chris Sacca and Ron Conway.
DOTCLOUD SECURES $10M IN SERIES A FUNDING
Yahoo!’s Jerry Yang, Apple’s Marc Verstaen, Benchmark’s Peter Fenton and Trinity’s Dan Scholnick Join Board of Directors to Steer DotCloud’s Growth
SAN FRANCISCO (March 22, 2011, 9:00 a.m. PT) –
· DotCloud, a second-generation application platform, today announced it has secured $10M in Series A funding from Benchmark Capital and Trinity Ventures.
· This latest round of funding, which will be used to support company growth, validates the need for Platform-as-a-Service (PaaS) technologies that let developers mix and match multiple languages and tools.
· Today, DotCloud also announced the addition of Jerry Yang, founder of Yahoo!, and Marc Verstaen, engineering manager at Apple, to its board of directors.
· Yang and Verstaen join Peter Fenton of Benchmark Capital, and Dan Scholnick of Trinity Ventures on DotCloud’s board.
• DotCloud announced seed funding last month from top investors including Chris Sacca and Ron Conway.
About DotCloud and the PaaS market:
· Application developers want a simple and automated application platform that lets them focus on being a developer – not a sys admin.
· Second-generation PaaS technologies now support different platforms and offer the same simplicity and control of first-generation technologies.
· DotCloud is an application platform that lets you mix and match pre-configured software.
· Bringing a new approach to the PaaS market, DotCloud provides flexibility, options and control for developers and IT departments looking to deploy applications written in various languages.
· With DotCloud, IT managers don’t have the burden of a disruptive IT landscape and can still ensure visibility, security and compliance.
· For more information on DotCloud, please visit: www.dotcloud.com.
Attributable to Solomon Hykes – Co-Founder and CEO of DotCloud:
“Developers want resources at their fingertips so they can focus on what they do best and actually develop. We understand the need for flexible resources and can deliver that level of control back to the developer community more quickly and easily than any first-generation application platform.”
Attributable to Sebastien Pahl – Co-Founder and CTO of DotCloud:
“With DotCloud, developers get their dream application platform and they no longer need to fill that sys admin role. Instead, developers and their IT teams can choose a stack, push code into our automated system and see their apps deployed with very little work. ”
Attributable to Jerry Yang – former Yahoo! CEO and DotCloud board member:
“A new breed of application platform tools is emerging. By combining old technologies and approaches with the flexibility needed in today’s landscape, DotCloud will set a new standard for building applications in the cloud.”
Attributable to Peter Fenton – general partner at Benchmark Capital and DotCloud board member:
“DotCloud’s early success winning over developers jumped out to us, and reminded us of our original investments in MySQL, Redhat, and SpringSource, we found that Solomon and Sebastian have the intuition required to create the most compelling cloud onramp for developers, and look forward to partnering with them to build a great business”
DotCloud is a second-generation application platform company that lets you mix and match pre-configured software components. Unlike cloud infrastructure providers requiring you to configure, run, and manage everything yourself, DotCloud offers flexibility and control to quickly and easily deploy apps. With DotCloud, developers and IT managers can focus on developing instead of doing sys admin work. Based in San Francisco and funded by Benchmark Capital and Trinity Ventures, DotCloud was founded by Solomon Hykes and Sebastien Pahl in 2010. For more information on DotCloud, visit www.dotcloud.com.