What is Electric Cloud?
Electric Cloud, now operating under the CloudBees umbrella, offers a unified control plane designed to optimize enterprise software delivery. Their solutions focus on enhancing CI/CD pipelines and boosting developer productivity without disrupting existing workflows. Key offerings include intelligent orchestration, continuous security, feature management, and AI-driven test intelligence. The company caters to a diverse range of industries, including automotive, government, financial services, and retail, aiming to streamline DevOps processes, reduce tool sprawl, and provide actionable insights through analytics. CloudBees is recognized for its ability to support large organizations, with notable clients such as Salesforce and American Express, helping them achieve faster deployments and improved operational efficiency.
How much funding has Electric Cloud raised?
Electric Cloud has raised a total of $74.8M across 12 funding rounds:
Series C
$9M
Other Financing Round
$598K
Series D
$12M
Unspecified
$8M
Series E
$4M
Other Financing Round
$4.2M
Private Equity
$6.2M
Other Financing Round
$6.7M
Debt
$5M
Private Equity
$6M
Series C (2007): $9M supported by U.S. Venture Partners, RRE Ventures, Rembrandt Venture Partners, and Mayfield Fund
Other Financing Round (2012): $598K featuring Rembrandt Venture Partners
Series D (2013): $12M backed by US Venture Partners, RRE Ventures, Rembrandt Venture Partners, and Mayfield Fund
Unspecified (2013): $8M with participation from Rembrandt Venture Partners, Mayfield Fund, US Venture Partners, Siemens Venture Capital, and RRE Ventures
Series E (2014): $4M led by US Venture Partners, RRE Ventures, Rembrandt Venture Partners, and Mayfield Fund
Other Financing Round (2015): $4.2M supported by Rembrandt Venture Partners
Private Equity (2016): $6.2M, investors not publicly disclosed
Other Financing Round (2016): $6.7M backed by Rembrandt Venture Partners and Siemens Venture Capital
Debt (2017): $5M with participation from Bridge Bank
Private Equity (2017): $6M led by Wellington Financial LP
Key Investors in Electric Cloud
Mayfield
Mayfield is a venture capital firm specializing in early-stage technology companies, backing enterprise, consumer, and infrastructure founders and partnering with them through growth and exit.
RRE Ventures
RRE Ventures is a venture capital firm dedicated to supporting founders at critical stages of their business journey, investing in a diverse portfolio of startups with a focus on long-term partnerships.
Rembrandt Venture Partners
Rembrandt Venture Partners focuses on investing in emerging technology companies shaping the future of enterprise technology, with an emphasis on software, security, and DevOps sectors.
What's next for Electric Cloud?
The substantial enterprise-level funding and recent strategic investment suggest Electric Cloud (CloudBees) is poised for continued expansion and innovation. The company's focus on optimizing complex enterprise software delivery pipelines positions it well to capitalize on the growing demand for efficient and secure DevOps practices. Future growth is likely to involve further development of its AI-driven capabilities, expansion into new market segments, and potential strategic acquisitions to broaden its platform's reach and functionality. The consistent backing from prominent venture capital firms indicates strong investor confidence in the company's long-term vision and market leadership.
See full Electric Cloud company page
