CloudShare Lands $10M in Series B Funding

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
FUND RAISING 
Database Reference:  F231109-284
 
Business:  CloudShare
Web:  http://www.cloudshare.com
Location:  USA, Palo Alto, CA
Region:  North America
Business description:  A way for organizations to instantly deploy multiple, independent copies of their existing demo or training environments in the cloud.
Category: Technology
Contact 1:  Zvi Guterman, CEO of CloudShare
Contact 2:  George Zachary, Partner at Charles River Ventures
  
Investors:  Sequoia Capital, Gemini Capital, and Charles River Ventures (CRV).
 
Round:  Round B
Amount raised:  $10,000,000
 
Details:  CloudShare, formerly IT Structures, has received $10M in series B financing. The company plans to use the investment to fund product development and expand its go-to-market capabilities.

Link:  Press Release

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