VMware veterans get $20 million to grow their cloud computing platform CliQr

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cloud-confusion

For companies that have been slow to transition their enterprise applications to the cloud, the decisions when making the move — like choosing between a public or private cloud, and which service provider to use — can be overwhelming.

CliQr, a Santa Clara-based provider of cloud migration and management services, announced today that it has raised $ 20 million in funding in a Series C round led by Polaris Partners, with participation from prior investors Foundation Capital, Google Ventures, and TransLink Capital.

For CliQr, the new financing presents the company with an opportunity to push its hybrid-cloud management platform to more international customers and continue to build upon its existing products.

Those products are designed to make it simpler for organizations with complex cloud computing needs to move between private, public, and hybrid cloud environments, and to afford enterprises the flexibility to transition and personalize their cloud preferences. Moreover, CliQr allows for the transfer of applications between these various types of cloud options, making it less painful for businesses to move their applications into and between various cloud service providers.

“The cloud has always been very infrastructure-centric and not very application-centric,” Manglik said, “Early on, CliQr helped companies migrate and manage their business applications on the cloud.”

“But what we found,” he added, “ is that companies didn’t want to be locked into a single cloud provider.” Manglik also stressed that there was another recent shift, where enterprises would have a bunch of different applications that would be suited for the different types of clouds or the hybrid cloud. “We allow companies to now manage multiple applications on multiple different clouds,” Manglik said.

Although it hasn’t matched its competitors — like Revello which has more funding and CloudSwitch which has the power of Verizon behind it — the $ 20 million CliQr announced today brings the company’s total funding to $ 38 million. It also pushes the company, which was built by veterans of software company VMWare, into the race for to be a leader in an ever-changing industry.

[illustration by Hallie Bateman]

PandoDaily

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