Nebula Secures $25 Million In Series B Funding

IaaS, private cloud startup Nebula today announced the finalization of a $25 million round of Series B funding led by Comcast Ventures, with additional participation from Highland Capital Partners, Kleiner Perkins Caufield & Byers, Innovation Endeavors and well known investors Andy Bechtolsheim, David Cheriton and Ram Shriram. Other investors include Harris Barton, William Hearst III, Scott McNealy and Maynard Webb as well as the Silicon Valley Bank.

The $25 million in equity and debt financing will enable the expansion of the private Beta that was launched in March for unnamed companies in the technology, financial services, biopharma and media verticals. The funding round also enables the expansion of Nebula’s product development team, development of a “petascale test system” and the overall acceleration of the delivery of its products.

Founded by former NASA CTO Chris Kemp, Nebula plays in the private cloud space for enterprises. Nebula’s core technology is based on OpenStack and provides a means for enterprises to quickly create a massive private cloud ecosystem. Details of the Nebula platform have been scant but Nebula the core concept consists of a streamlined approach to turning a private enterprise data center into an Infrastructure as a Service cloud that runs behind the enterprise firewall.

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One thought on “Nebula Secures $25 Million In Series B Funding”

  1. It would seem that Nebula is still in stealth mode. Since its founding a little over a year ago, almost nothing has changed on its Website and the company has not shipped their top-of-the rack cloud controller switch. Lots of hi-tech industry pedigree and gold-plated VCs involved. I guess we will have to wait and see if they can ship their OpenStack-derived Nebula cloud controller switch before they burn through their $25M Series B funding.

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