Nebula closes Series-B led by Comcast Ventures for $25M

Nebula, the open-source cloud computing part of OpenStack project just granted $25 million in Series B funding from Comcast Ventures.

Chris C. Kemp, Founder & CEO at Nebula, Inc. and Co-Founder at OpenStack, declared that the funding money will be used to hire engineers, expand its private beta program that was launched back in March and build a new headquarters in Menlo Park, CA.

The new round of financing saw the participation of a join venture of investors including Comcast and NBCUniversal together with Highland Capital Partner. This investment would permit Nebula to develop its product and advance with the private cloud infrastructure project.

Chris C. Kemp on his twitter account writes: “Nebula closes Series B, ignites second stage!Thank you new & existing investors for your incredible support!” and affirms on the press release:

We’re delighted to have the support of investors who have such remarkable track records of success as we continue on our path to make on-premise private cloud computing a reality for all businesses.