Enterprise cloud management software company Abiquo has raised around $10 million in a second round of funding. The company is ramping up its global sales and marketing in a bid to compete in an increasingly crowded a4‚¬Aprivatea4‚¬¯ cloud marketplace.
Cloud computing allows computers and mobile devices to bundle off all their resource-intensive data crunching off site to larger, better-equipped servers. Abiquo creates software that lets companies create and manage private, public and hybrid clouds. This means that instead of relying primarily on an on-premise control policy, like Rackspace and Amazon EC2,‚ Abiquo seeks to give every member of a team, from individual users to entire units of a company, the ability to access the cloud at any given time.
The company terms this a a4‚¬Asingle-pane of glassa4‚¬¯ approach because users can manage an entire, globally deployed, computing infrastructure across unlimited physical and cloud resources including private, public and hybrid clouds simultaneously. Each user has a level of access that is then tailored to their various needs at the time.
The Redwood City, Calif.,-based company had long sought to differentiate itself from other internal-cloud vendors such‚ as Eucalyptus, VMware, Cloud.com and Nimbula and has racked up some big-name clients such as Telefonica and Ericsson.
Thus far, its approach has netted it almost $15.8 million from a variety of investors, with this round of funding being lead by well-known European venture capital firm Balderton Capital and including existing investors Nauta Capital and Eurecan.
As part of the the deal, Bernard Liautaud, a partner at Balderton Capital, will join Abiquo&'s board. Liautaud is best known for being founder and CEO of enterprise software company Business Objects, which SAP acquired in 2007 for $6.8 billion.
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Companies: Abiquo, Amazon EC2, balderton capital, Business Objects, Cloud.com, Ericsson, Eucalyptus, Nimbula, Rackspace, VMWare
People: Bernard Liautaud
Companies: Abiquo, Amazon EC2, balderton capital, Business Objects, Cloud.com, Ericsson, Eucalyptus, Nimbula, Rackspace, VMWare
People: Bernard Liautaud
Riley McDermid is a contributing reporter to VentureBeat. She was previously the online editor at institutional investing and trading forum Markets Media, which she joined in 2008 from Dow Jones/MarketWatch in New York. Her work has appeared in the The New York Times, the Associated Press, Portfolio Magazine, The Wall Street Journal, and Barrona4‚¬a4„s. She has won awards from the American Society of Business Publishers and Editors, the Magazine Association of the Southeast, the Mississippi Press Association and the Atlanta Press Club, and was a finalist for the Pacemaker Prize for excellence in news reporting.
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