Cloudbees rakes in $23.5M to fund mo’ marketing

Cloudbees, the PaaS company that’s transitioned into a continuous integration company, now has $23.5 million in Series D money to fund expanded sales and marketing in more geographies.

“We want to scale up and scale out,” Cloudbees CEO Sacha Labourey said in an interview. “To scale up we’ll invest more in sales and marketing — put more people on the street in more regions. Scale out means covering more use cases than today.”

He said Cloudbees, founded in 2010 by several former JBoss executives, is used mostly in the medium and large part of the Small-Medium-Large company spectrum and now needs to focus on startups and small companies as well. “Enterprises get the depth of Jenkins and its use with other tools. Startups need something that’s easier to get started with.”

Jenkins is the open-source continuous integration (CI) tool that is the centerpiece of Cloudbees’ PaaS-to-CI pivot. The rationale for that move was the feeling that more companies were ready to use Jenkins and associated services across public and private clouds, as well as in their own server rooms, than were ready to throw in with a public Platform as a Service.

“The public PaaS market has not had hockey-stick-type growth but companies did know they need to realize software value faster so continuous integration has huge traction,” he said.

Existing investor Lightspeed Venture Partners led this round, with contributions from Matrix Partners, Verizon Ventures and Blue Cloud Ventures — all of which also contributed to earlier rounds. Total funding for Cloudbees is now just south of $50 million.

Solar startup Stion raises $25M, but cuts costs, workers

Amidst rampant solar manufacturing bankruptcies, thin film solar startup Stion has raised a $25 million equity round, of a planned $55 million round. At the same time the company is cutting costs and laid off a small amount of workers.

Nutanix raises $33M for a new type of scale out storage

Investors continue throwing money at infrastructure companies, especially if they have a product that helps accomodate and mitigate the complexities of virtualization and scaled out computing infrastructures. Nutanix aims to solve problems in both areas, and investors are rewarding it with $33 million.

Kleiner Perkins backs AppDynamics in $20 million round

AppDynamics netted $20 million in new Series C funding led by Kleiners Perkins Caufield & Byers, a new investor. Existing backers Greylock Partners and Lightspeed Venture Partners also participated in this round which will help fund the company’s application performance management offering.