# Electric Cloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/electric-cloud

- Industry: Software
- Headquarters: San Jose, US
- Website: www.electric-cloud.com
- Total disclosed funding: $52M
- Latest round: Series F (Sep 1, 2016)
- Investors on record: 5

## About

Electric Cloud, Inc. specializes in DevOps solutions, enhancing software delivery processes for enterprises through effective orchestration and integration of tools, thereby streamlining workflows and boosting developer productivity.Founded in 2002 and headquartered in San Jose, US, Electric Cloud, Inc. offers solutions that unify various development tools to enhance software delivery. In April 2019, the company was acquired by CloudBees, Inc., a move that marked a strategic shift in its operations. The firm has completed 12 deals, with a total amount raised of USD 6.19 mn and a current valuation of USD 70.75 mn.Electric Cloud, Inc. delivers AI-powered DevOps solutions, particularly through its flagship product, CloudBees Unify. This platform integrates existing tools in an organization’s tech stack, streamlining development pipelines and improving productivity. Prominent clients, including Salesforce and Autodesk, utilize these services to enhance their software delivery. The company operates on a global scale, with significant presence in North America, Europe, and Asia-Pacific.Electric Cloud, Inc. generates revenue primarily through subscription-based models for its suite of DevOps tools and services. This approach allows for flexible pricing tailored to various organizational sizes and needs. The CloudBees Unify platform, along with CI/CD automation and security tool integration, is central to its revenue strategy, focusing on fostering long-term client partnerships.Moving forward, Electric Cloud, Inc. plans to enhance its product offerings and expand its market reach. Following the acquisition by CloudBees, Inc., the company aims to leverage additional resources for developing new products, enhancing existing solutions, and entering new markets by 2020. The recent acquisition in April 2019 will support these initiatives, allowing for strategic enhancements to their product suite.

## Funding rounds

- Series F, Sep 1, 2016, $6.2M — RRE Ventures, US Venture Partners, N47, Rembrandt Venture Partners
- Series E, Jul 1, 2015, $4.3M — Rembrandt Venture Partners
- Series E, Apr 22, 2014, $4M — Mayfield Fund, RRE Ventures, US Venture Partners, N47, Rembrandt Venture Partners
- Series E, Aug 23, 2013, $8M — Mayfield Fund, RRE Ventures, US Venture Partners, N47, Rembrandt Venture Partners
- Series D, Jul 17, 2008, $7M — Mayfield Fund, RRE Ventures, US Venture Partners, Rembrandt Venture Partners
- Series C, Jan 2, 2007, $9M — Mayfield Fund, RRE Ventures, US Venture Partners, Rembrandt Venture Partners
- Series B, Jun 25, 2004, $8M — Mayfield Fund, RRE Ventures, US Venture Partners
- Series A, May 16, 2002, $5.1M — Mayfield Fund, US Venture Partners

## Investors

- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series A, Series B, Series C, Series D, Series E
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series A, Series B, Series C, Series D, Series E, Series F
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series B, Series C, Series D, Series E, Series F
- Rembrandt Venture Partners (https://capitalatlas.ai/funds/rembrandt-venture-partners) — Series C, Series D, Series E, Series F
- N47 (https://capitalatlas.ai/funds/n47) — Series E, Series F