CloudHealth Closes $46 Million
Enterprise IT startup CloudHealth Technologies announced the completion of $46 million in Series D financing. Kleiner Perkins Caufield & Byers, Meritech Capital Partners, .406 Ventures, Sapphire Ventures, and Scale Venture Partners participated in the funding.
CloudHealth® plans to change the way organizations manage cloud environments. The company’s cloud management platform aggregates, correlates, and analyzes data from disparate cloud data sets so that enterprises and service providers can align cloud operations with business objectives, reduce costs, and ensure service levels are being met in an optimally performing cloud environment.
In its announcement, the company said the new funding will help drive global expansion as CloudHealth continues its growth across all areas of the business.