CloudPhysics Got $15 Million in Funding

CloudPhysics, Inc., providi,g predictive analytics for virtual datacenter management, has secured $15 million in a series C round of funding, led by venture capital firm Jafco Ventures with participation from the company’s existing investors Kleiner Perkins Caufield & Byers and Mayfield Fund.

CloudPhysics, who has raised $27.5 million to date, will use the funding to invest further in developing its SaaS solution, which leverages big data analytics to enable IT to uncover hidden operational hazards before problems emerge and identifies radical efficiency improvements in virtualized IT operations management.

The company will also use the funding to expand go-to-market activities and scale the company’s business.

The company also announced the availability of Storage Analytics, a new release of its predictive analytics solution that dramatically simplifies the overwhelming complexities of managing storage resources in the virtual datacenter.

“This is an very exciting time for CloudPhysics as it brings to market a fundamentally new approach to IT operations management,” said Jeb Miller, general partner, Jafco Ventures, and CloudPhysics board member. “Through big data analytics, CloudPhysics is shifting the focus of infrastructure management from reactive to predictive, enabling more intelligent and cost-effective IT. Jafco Ventures didn’t want to miss this opportunity to invest in CloudPhysics and its vision, and we’re excited to bring the full range of Jafco’s resources into the mix to help the company ramp in the market.“

CloudPhysics was founded in 2011 with the mission to deliver insights to IT teams for actively managing the dynamics of their virtualized infrastructures. To that end, the company’s servers collect a daily stream of more than 140 billion samples of configuration, performance, failure and event data from its global user base, with a total of 50+ billion samples collected to date. This Collective Intelligence, combined with patent-pending data center simulation and resource management techniques, empowers enterprise IT to drive Google-like operations excellence, using actionable analytics from a large, relevant, continually refreshed dataset.

“Big data technology is used by companies across numerous industries to discover new ways to improve operations. Ironically, one industry that is missing from the list is IT itself – and our vision is to remedy that,” said John Blumenthal, CloudPhysics co-founder and CEO. “The new funding will help us accelerate product innovation as well as fuel our sales and marketing efforts, expanding our growing base of users and bringing the power of data-driven decision making to IT admins everywhere.”

Since its initial product release at VMware’s VMworld 2013, the company has garnered awards and accolades which include being named a Top 10 Virtualization Company to Watch in 2014 by TechTarget SearchServerVirtualization, a Top 10 Big Data Start-Up to Watch by Network World and one of the 21 hottest start-ups by Business Insider.

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CloudPhysics Raises $10 Million in Funding After $2.5 Million Last Year
Co-founded by John Blumenthal, CEO, and Irfan Ahmad, CTO