CloudBolt Announces $23 Million Series A Investment

Self-service hybrid cloud platform developers CloudBolt Software Inc., closed a $23 million Series A funding round led by Insight Venture Partners, a New York-based venture capital and private equity firm.

CloudBolt’s enterprise hybrid cloud platform is designed to unify access to public cloud and private data center environments. By directing end user cloud access through a single portal, CloudBolt strives to provide its customers with the ability to track, control, and simplify how IT resources are consumed in the face of rising demand for agility, elasticity, and cost containment.

Currently serving Airbus, Electronic Arts, The Home Depot, and Xerox, CloudBolt plans to use the funds to expand into new markets and verticals while further developing their offering and integrations.