Tuesday, February 14, 2017

Electric Cloud Gets $11M For DevOps Automation

San Jose-based Electric Cloud, a developer of software used to automate DevOps deployment, has raised $11M in debt. The funding included $6M from Wellington Financial LP, and $5M in a line of credit and venture term loan from Bridge Bank. Terms and rates on those two different credit lines were not announced by the company. Electric Cloud is led by Steve Brodie; the company's software is used to automate the build, deployment, and testing of DevOps projects. More information »