Soasta raises $6.4M for cloud-based testing
Mountain View, Calif.-based Soasta, a company that tests applications on cloud networks to iron out problems before users migrate to the cloud, has raised a second funding round of $6.4 million.
Soasta sells its services to other companies, who want to move their data or users onto cloud networks — remotely stored information and applications.
Formative Ventures led the round, with participation from Canaan Partners and The Entrepreneurs’ Fund. Soasta’s first round, taken in January 2007, was for $2 million.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.