Cloud company Elastra gets $12M from Amazon

Cloud company Elastra gets $12M from Amazon

Elastra, a company that helps manage applications in the Internet cloud, has raised $12 million in new funding.

This is Elastra’s second venture round, and it was led by Bay Partners, with Amazon.com and existing investor Hummer Winblad Venture Partners also participating. Amazon’s backing is particularly impressive, since its Elastic Compute Cloud (EC2) makes Amazon one of the most important companies to cloud computing in general, and to Elastra in particular, since the San Francisco startup… Continue Reading