Follow The Money: 10 Recent Tech VC Investments In March

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Headquarters: Woburn, Mass.

CEO: Sacha Labourey
New Funding: $11.2 million
Round: C
Backers: Verizon Ventures, Matrix Partners, LightSpeed Venture Partners

Enterprise Platform-as-a-Service (PaaS) company CloudBees has brought in $11.2 million in venture capital funding to drive revenue and sales growth and develop its product and brand. The CloudBees Platform lets developers build and integrate applications with no overhead and helps IT businesses in particular adapt faster to the changing market, the company said. The latest round of venture capital brings the company's total funding to $25.7 million.

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