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DotCloud Secures $10M In Series A Funding

SAN FRANCISCO, CA -- (Marketwire) -- 03/22/11 --

News Facts: DotCloud, a second-generation application platform, today announced it has secured $10M in Series A funding from Benchmark Capital and Trinity Ventures. This latest round of funding, which will be used to support company growth, validates the need for Platform-as-a-Service (PaaS) technologies that let developers mix and match multiple languages and tools. Today, DotCloud also announced the addition of Jerry Yang, co-founder of Yahoo!, and Marc Verstaen, engineering manager at Apple, to its board of directors. Yang and Verstaen join Peter Fenton of Benchmark Capital, and Dan Scholnick of Trinity Ventures on DotCloud's board. DotCloud announced seed funding last month from top investors including Chris Sacca and Ron Conway.

About DotCloud and the PaaS market: Application developers want a simple and automated application platform that lets them focus on being a developer -- not a sys admin. Second-generation PaaS technologies now support different platforms and offer the same simplicity and control of first-generation technologies. DotCloud is an application platform that lets you mix and match pre-configured software. Bringing a new approach to the PaaS market, DotCloud provides flexibility, options and control for developers and IT departments looking to deploy applications written in various languages. With DotCloud, IT managers don't have the burden of a disruptive IT landscape and can still ensure visibility, security and compliance. For more information on DotCloud, please visit: www.dotcloud.com.

Quotes:

Attributable to Solomon Hykes -- co-founder and CEO of DotCloud: "Developers want resources at their fingertips so they can focus on what they do best and actually develop. We understand the need for flexible resources and can deliver that level of control back to the developer community more quickly and easily than any first-generation application platform."

Attributable to Sebastien Pahl -- co-founder and CTO of DotCloud: "With DotCloud, developers get their dream application platform and they no longer need to fill that sys admin role. Instead, developers and their IT teams can choose a stack, push code into our automated system and see their apps deployed with very little work."

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