Welcome!

Open Source Cloud Authors: Yeshim Deniz, Liz McMillan, Elizabeth White, Pat Romanski, Zakia Bouachraoui

News Feed Item

Nebula Ignites Second Stage with New Funding Round

Nebula, the cloud systems company dedicated to enabling all enterprises to easily, securely and inexpensively deploy on-premise private cloud computing infrastructures, announced today that it has closed its Series B financing round.

Providing over $25M of additional equity and debt financing, the new round was led by Comcast Ventures, the venture capital arm of Comcast and NBCUniversal, with significant participation from Highland Capital Partners and included Kleiner Perkins, Innovation Endeavors and industry luminaries Andy Bechtolsheim, David Cheriton and Ram Shriram. Investors that participated include Harris Barton, William Hearst III, Scott McNealy and Maynard Webb. Additionally, Silicon Valley Bank is providing additional debt and credit facilities to the company.

“We’re delighted to have the support of investors who have such remarkable track records of success as we continue on our path to make on-premise private cloud computing a reality for all businesses,” said Chris C. Kemp, Nebula CEO and co-founder.

Nebula is now powering next-generation cloud infrastructures in market-leading biotech, financial services and media companies in a private beta program that began in March. This investment will allow Nebula to expand the number of companies that will be able to participate in the beta, continue to expand its product and engineering teams, build a petascale test system, and accelerate development and testing of its product.

“We invest in companies that innovate with open source projects and teams that are focused on creating game-changing disruption,” said Louis Toth, Managing Director at Comcast Ventures. “After spending several years looking at this market, we are confident that Nebula is the company that will bring private cloud infrastructure to the enterprise.”

Nebula, co-founded by former NASA CTO and OpenStack co-founder Chris C. Kemp, has assembled a team of more than 50 engineers inspired by the opportunity to pioneer a new era of enterprise computing. In addition to Dave Withers, former Dell Executive and Senior Vice President of Field Operations, and Jon Mittelhauser, Netscape co-founder and VP of Engineering, Nebula now employs four OpenStack project technical leads, and the engineers responsible for a large percentage of the code in OpenStack.

“We are very excited to have an opportunity to make a significant investment in this round,” said Peter Bell, General Partner at Highland Capital Partners. “We believe that Nebula and OpenStack is at the nexus of a historical shift in enterprise computing.”

To learn more about Nebula, get info on career opportunities, or inquire about participating in our private beta, please contact us at http://www.nebula.com.

About Nebula

Nebula is dedicated to enabling all businesses to easily, securely and inexpensively deploy large private cloud computing infrastructures. The Nebula private cloud system allows any business to easily build a massive private computing cloud from hundreds or thousands of inexpensive servers. Nebula is privately held and venture-funded by Comcast Ventures, Highland Capital Partners, Kleiner Perkins Caufield & Byers, and Innovation Endeavors. For more information, visit Nebula at www.nebula.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
CloudEXPO has been the M&A capital for Cloud companies for more than a decade with memorable acquisition news stories which came out of CloudEXPO expo floor. DevOpsSUMMIT New York faculty member Greg Bledsoe shared his views on IBM's Red Hat acquisition live from NASDAQ floor. Acquisition news was announced during CloudEXPO New York which took place November 12-13, 2019 in New York City.
OpsRamp is an enterprise IT operation platform provided by US-based OpsRamp, Inc. It provides SaaS services through support for increasingly complex cloud and hybrid computing environments from system operation to service management. The OpsRamp platform is a SaaS-based, multi-tenant solution that enables enterprise IT organizations and cloud service providers like JBS the flexibility and control they need to manage and monitor today's hybrid, multi-cloud infrastructure, applications, and wor...
The Master of Science in Artificial Intelligence (MSAI) provides a comprehensive framework of theory and practice in the emerging field of AI. The program delivers the foundational knowledge needed to explore both key contextual areas and complex technical applications of AI systems. Curriculum incorporates elements of data science, robotics, and machine learning-enabling you to pursue a holistic and interdisciplinary course of study while preparing for a position in AI research, operations, ...
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
Tapping into blockchain revolution early enough translates into a substantial business competitiveness advantage. Codete comprehensively develops custom, blockchain-based business solutions, founded on the most advanced cryptographic innovations, and striking a balance point between complexity of the technologies used in quickly-changing stack building, business impact, and cost-effectiveness. Codete researches and provides business consultancy in the field of single most thrilling innovative te...
Atmosera delivers modern cloud services that maximize the advantages of cloud-based infrastructures. Offering private, hybrid, and public cloud solutions, Atmosera works closely with customers to engineer, deploy, and operate cloud architectures with advanced services that deliver strategic business outcomes. Atmosera's expertise simplifies the process of cloud transformation and our 20+ years of experience managing complex IT environments provides our customers with the confidence and trust tha...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world's second largest and second highest valued semiconductor chip maker based on revenue after being overtaken by Samsung, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactu...
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understa...