CloudHealth Technologies, the leading cloud service management company, today announced it has completed a $46 million Series D round of financing. Venture capital powerhouse Kleiner Perkins, a new investor, led the funding with participation from Meritech Capital Partners and CloudHealth Technologies’ existing investors .406 Ventures, Sapphire Ventures and Scale Venture Partners. The new funding will help drive global expansion as CloudHealth Technologies continues its rapid growth trajectory across all areas of the business.
Silicon Valley-based Kleiner Perkins is one of the top technology sector investors, having backed Amazon, Twitter, Google, Slack and many other corporate icons that have disrupted today’s digital landscape.
“CloudHealth Technologies is capitalizing on one of the most profound transitions in IT history by helping its customers navigate and optimize the adoption and usage of cloud infrastructure,” said Alex Kurland, partner at Kleiner Perkins. “The team identified an opportunity in hybrid cloud management early on and executed on its vision, establishing itself as the clear leader in the market. It’s rare to see a company that provides such immediate and immense value to both cutting-edge technology startups and Fortune 500 enterprises alike... READ MORE