CloudShare Lands $10M in Series B Funding

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Database Reference:  F231109-284
Business:  CloudShare
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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