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Eucalyptus Systems Raises $30M

By TechTaffy Desk

[Techtaffy Newsdesk]

Open source, on-premise cloud computing platform Eucalyptus Systems has completed a $30 million Series C round of funding led by Institutional Venture Partners (IVP). Existing investors including Benchmark Capital, BV Capital, and New Enterprise Associates (NEA) also joined the round. Eucalyptus has raised a total of $55.5 million in capital.

With this round, Steve Harrick, general partner at IVP, joins the Eucalyptus board.

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