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Nimbula Secures $15 Million Series B VC Round

Tuesday, August 24, 2010 5:54:00 AM PDT | VentureDeal Staff

Menlo Park, California  --  Infrastructure provider Nimbula has garnered $15 million in a second round of institutional venture capital financing.

Nimbula has created what it calls "a new class of cloud infrastructure and services" for the private cloud market.

Investors in the round were Accel Partners and Sequoia Capital. The company said it would use the funding proceeds to bring their solution to market.

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