Electric Cloud, software production co., raises $9M
Electric Cloud, a Mountain View start-up that helps accelerate the software production process after software code has been written, has raised $9 million in a third round of venture capital.
The funding was led by Rembrandt Venture Partners, and included existing investors Mayfield Fund, RRE Ventures and U.S. Venture Partners.
The company has raised a total of $22.1 million to date. It says it has 38 customers and hopes to be profitable by next year.
From the company’s… Continue Reading