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Virtualization: Article

Abiquo Gets $10 Million in Funding

Business Objects founder Bernard Liautaud will join Abiquo’s board
By Maureen O'Gara
Article Rating:
November 30, 2010 08:15 AM EST
Reads:
 13,562

Abiquo, the enterprise cloud management house, has raised approximately $10 million in Series B funding led by Balderton Capital Partners, the early- stage VC that backed MySQL.

Business Objects founder Bernard Liautaud is a partner there now and will join Abiquo’s board.

Existing investors Nauta Capital and Eurecan also participated.

The funding will be used to expand Abiquo’s global sales and marketing efforts, customer support and senior team.

Abiquo’s software is supposed to let the enterprises and service providers extend virtualized environments and create and manage private, public and hybrid clouds through a “single pane of glass.” The stuff, which is supposed to save users money, combines autonomous virtual enterprises with global infrastructure management and business policy.


Abiquo CEO Pete Malcolm gave the Day 3 keynote at 7th Cloud Expo in Nov 2010

Published November 30, 2010 – Reads 13,562
Copyright © 2010 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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