Cloudant Raises Series B in the tune of $12M from Rackspace & others

written by bethburgee on May 14, 2013 in Funding and Startup News and Under The Radar with no comments
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Cloudant Horizontal
It’s always a good week when we hear of a Under the Radar alumni secure a round of funding. Such is the case this week as Cloudant announces their Series B in the tune of $12M from Rackspace, Devonshire Investors and Toba Capital.

Cloudant’s distributed database-as-a-service (DBaaS) allows developers of fast-growing web and mobile apps to focus on building and improving their products, instead of worrying about scaling and managing their databases on their own. Their recent round will help increase their already 60-strong team with a particular focus on international markets, including Hong Kong. (source)

You can see their 2010 Under the Radar Presentation Here >>

Or better yet – come hear them speak at Under the Radar this year in San Francisco on May 23rd. We’re honored to have them back and to hear how far they’ve come since 2010.