CloudBees Raises $11 Million, Led by Verizon

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Platform as a Service provider CloudBees announced that Verizon Ventures led an $11.2 million financing round to grow its business, SAP advances its cloud strategy for SAP HANA, and Informatica launches Cloud Spring 2014 for simplifying integration across cloud and hybrid environments.

CloudBees raises $11 Million.  Enterprise Platform as a Service provider CloudBees announced that it has closed an $11.2 million Series C financing round, led by Verizon Ventures. The round also included existing investors Matrix Partners and LightSpeed Venture Partners, as well as new investor Blue Cloud Ventures. This latest financing round brings the total investment in CloudBees to $25.7 million. The new funds will be used to drive continued revenue growth by rolling out additional product capabilities, fund sales expansion and extend the reach of the CloudBees brand. “PaaS and continuous delivery are transforming the way enterprises create business applications and deliver value to the business by accelerating the way applications are built and deployed,” said Sacha Labourey, founder and chief executive officer of CloudBees. “CloudBees is at the center of this evolution and we are excited to have a group with the stature of Verizon Ventures lead our Series C investment round. We will invest in initiatives that continue to improve our platform and strengthen our go to market capabilities.”

SAP advances cloud options, strategy for SAP HANA.  SAP announced next steps for delivering on its cloud strategy for SAP HANA. Simplified pricing, deployment and accessibility options for SAP HANA herald a significant business shift to cloud-based consumption and pricing models. SAP announced new offerings for SAP HANA Cloud Platform. Customers now have the ability to choose from three offerings: SAP HANA AppServices, SAP HANA DBServices, and SAP HANA Infrastructure Services.  Customers buy through a consumption model and can either implement end-to-end platform use cases or choose additional options as needed such as predictive analytics, spatial processing and planning. SAP announced new and enhanced offerings for SAP HANA Cloud Platform. Startups, ISVs and customers can now build new data-driven applications in the cloud. This platform-as-a-service (PaaS) offers in memory-centric infrastructure, database and application services to build, extend, deploy and run applications. New offerings are available for a simplified trial and purchase experience in sizes ranging from 128 GB to 1 TB of memory on SAP HANA Marketplace.

Informatica launches Cloud Spring.  Informatica (INFA) announced Informatica Cloud Spring 2014, a new release of its award-winning cloud integration platform. “Informatica Cloud Spring 2014 changes the game for cloud integration with Informatica Cloud Designer,” said Ash Kulkarni, senior vice president and general manager, Data Integration, Informatica. “IT developers get a drag-and-drop palette for advanced integration scenarios and line-of-business applications users get a wizard-based, self-service interface – all in one unified design environment.” The new solution introduces Informatica Cloud Designer, which provides powerful, self-service integration design capabilities directly in the cloud. These capabilities make it easier for business analysts, SaaS application administrators and other Line of Business (LOB) users to collaborate with each other and with IT to speed to market new applications and data for the business.

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