451 Research Thursday Tip: Blue Box closes series B
451 Research: Blue Box closes $10m series B round to accelerate hosted private cloud
Blue Box started life in 2003 as a managed hosting provider and now has a mission to provide private cloud, anywhere in the world, in under an hour. The company took the popular attributes of a public cloud (e.g., speed of deployment, scalability) and the benefits of private clouds (e.g., security, control) and created a hosted private cloud as a service model. Its series B funding of $10m was led by an undisclosed strategic investor, bringing total funding to $17.6m, and will be used to develop its technology and build out the sales and marketing functions to meet its lofty mission.
Blue Box has developed Hosted Private Cloud technology perfectly suited to help bring Middle Market enterprises into the cloud. For customers ready to make the leap into cloud services, Blue Box’s OpenStack On Demand offering delivers the power of cloud services with the security and control IT managers demand. And for customers with existing data center deployments, OpenStack On Demand enables a direct, cross-connected private cloud integrated into your existing facility.
| CONTACT Jesse Proudman jproudman@bluebox.net 206-607-0661 |
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