Cloud Management Firm CliQr Nets $20M from Investors, Including Google
Startup says new funds will fuel global expansion
April 10, 2015
Hybrid cloud management provider CliQr announced it has received a $20 million investment to help fuel its global expansion. The Series C round was led by Polaris Partners with participation from Foundation Capital, Google Ventures, and TransLink Capital. The transaction also brings former oDesk CEO and current venture partner at Polaris Partners Gary Swart to the board of directors.
With a vision for unshackling applications from the complexity of changing hybrid cloud environments, CliQr continues to build a hybrid cloud management platform to handle the entire lifecycle of applications and users on clouds. Swart notes that "whether a company is starting its movement to the cloud very simply or planning to migrate and manage a complex environment of clouds and applications across multiple geographies, CliQr [helps] businesses attain the benefits of cloud computing—flexibility, scalability and affordability—without sacrificing cloud portability, security or governance."
With a total of over $38 million invested in the Silicon Valley startup since it launched five years ago, CliQr has evolved its offering to match client needs. While initially differentiating itself from container technology, earlier this year the company added support for Docker to its CloudCenter platform.
Its management explained that they felt this broadened the range of capabilities for its customers to migrate, manage, and govern new and existing applications. This allows for complete enterprise management of a federation of both new and existing non-containerized, containerized, or composite container applications.
CliQr CEO Guarav Manglik said the company's approach was "validated by a strong product platform, enterprise customers, worldwide partners and top-tier investors. We’re ready to put this new investment to work by helping us expand globally to meet skyrocketing demand for our platform."
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