Open Source Private Cloud Software Startup Eucalyptus Raises $30M From IVP, Benchmark To Take On VMware

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Eucalyptus Systems, the developer of an open source, on-premise private cloud computing platform, has raised $30 million in Series C funding led by Institutional Venture Partners (IVP), Benchmark Capital, BV Capital, and New Enterprise Associates (NEA). To date, Eucalyptus has raised a total of $55.5 million in capital.

Led by former CEO of MySQL, Marten Mickos; Eucalyptus helps companies create private cloud computing infrastructure on their own servers. Eucalyptus’ software sits inside businesses’ firewalls, using their own hardware. As Mickos tells us, IT administrators install the software on their servers, which sits on top of the severs, and are then are able to create private cloud.

The company, which competes with VMware, also recently announced a partnership with Amazon Web Services to use the cloud giant’s API to connect Amazon’s cloud services with the Eucalyptus-powered private clouds created by companies. And the company says its partner ecosystem has more than doubled to include over 200 of the top cloud and infrastructure automation vendors.

Eucalyptus enables 25,000 cloud starts each year at organizations including Aerospace Corporation, InterContinental Hotels Group, Plinga, PUMA, USDA, and USASpending.gov. This includes instances at more than 20 percent of Fortune 100 companies. For example, Puma uses the startup’s software to run its consumer facing site.

“We are rapidly expanding operations to meet the needs of advanced cloud deployments by customers and partners worldwide. This funding will help us move even faster in a rapidly growing cloud market,” said Mickos.

He adds that Eucalyptus has nearly tripled its employees in the last year and half, and will be looking to use the funding to add additional sales and technical support.