Metacloud raises $15 million in Series B funding

Metacloud, was founded in 2011 in Pasadena, California, and provides an OpenStack-based product called Carbon|OS that, running on existing hardware, allows to run a private cloud “on premises” (as the company says).

In July 2013 Metacloud secured $10 Millions in a Series A round of funding and today announced another $15 million in a Series B round that introduces a new group of investors which comprises Pelion Venture Partners, Silicon Valley Bank, and UMC Capital, as well as prior investors AME Cloud Ventures, Canaan Partners, and Storm Ventures.

These funds will be used to expand the company team and to accelerate the evolution of its platform.