CloudHealth Technology adds $3.2 million to Series A, expands cloud management platform


This morning, CloudHealth Technologies, an IT service management company based in Boston, announced it had expanded its initial funding round as well as improvements to its platform.

First, it announced had raised another $3.2 million, adding on to Series A funding the company announced last year.

The new funding comes from existing investors .406 Ventures and Sigma Prime Ventures, and brings the total of the company’s Series A to $7.7 million. CloudHealth said it will use what it called extension funding to “support the company’s customer growth, platform enhancements, expansion of services, and increased hiring efforts tied to sales and engineering.”

Dan Phillips, CloudHealth co-founder and chief executive, said the company plans to focus on a Series B round next year.

Additionally, CloudHealth announced improvements to their cloud management platform that can give more insight to enterprise executives and leadership teams on how best to optimize for the cloud.

Of the platform updates, the company’s co-founder and chief technology officer Joe Kinsella said in a statement that the new “integrated console” will not only simplify cloud management, but also offers ways to cut costs.

Dennis Keohane was a Senior Staff Writer for BetaBoston.
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