Eucalyptus Systems, a Santa Barbara based startup, announced today it has closed a $20 million round of funding. Led by new investor New Enterprise Associates (NEA) with participation from current investors Benchmark Capital and BV Capital, this is the second round of funding for the open source private cloud software provider, bringing its total capital raised to date to $25.5 million.
Eucalyptus provides software that allows organizations to deploy private and hybrid cloud computing environments within a secure IT infrastructure. Eucalyptus supports the same APIs as public clouds and boasts full compatibility with the Amazon Web Services infrastructure, addressing interoperability and facilitating the movement of data between public and private.
The software is available in two editions: Eucalyptus Open Source and the recently release Enterprise Edition.
The company says that today's VC funding will be used to scale development, marketing and sales, and Eucalyptus hopes to meet the increasing demand for cost-efficient and scalable infrastructure solutions that address enterprise needs for both private and hybrid clouds.
Although Eucalyptus took an early lead in this space, there has been substantial activity in this area lately, with the recent launch of Nimbula for example.